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Dhaka Stocks rebound to finish week upward

Dhaka stocks rebounded on Thursday to finish the week in black after witnessing a ceaseless fall in the past four trading sessions, BSS reports.
Trading at the premier Dhaka Stock Exchange (DSE) witnessed slide during the four trading sessions of the week when a strong negative sentiment was prevailing amid nation-wide nonstop blockade and a 48-hour hartal, called by the BNP-Jamaat alliance.
DSEX, the broad-based index, however, finished the week 14.74 points higher at 4797.95 when the blue-chip DS30 and Shariah DSES regained to close positive at 1778.80 and 1136.33 respectively.
The daily turnover value and volume, however, declined to Taka 223 crore and 6.39 crore shares accordingly from Wednesday’s Taka 281.92 crore for 8.66 crore shares.
Out of 306 issues traded, 172 were on the advancing side when 85 declined and 49 remained static.
CNA Textiles Limited topped the turnover leaders followed by Lafarge Surma, NFML, IDLC and Western Marine.
The major gainers were CAN Textile, Alltex, NFML, Northern Jute and ICB when the major losers were Progressive Life, Saiham Cotton, Islami Insurance, Sonali Ansh and Federal Insurance.

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