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Stocks rebound on both bourses

WT24 Desk

After witnessing a downward trend in the last seven consecutive sessions, stocks today rebounded in the Dhaka and Chittagong stock exchanges as investors remained active on sector-wise issues, BSS reports.

The rising major sectors were insurance and financial institutions. A total of 167 securities of large-cap group moved up due to higher activities.

The broader DSEX of DSE closed the day with 32.96 points up at 5,124.45. The blue-chip DS30 and the Shariah DSES also followed the same trend with 10.96 points up at 1,829.49 and with 8.92 points up at 1,175.30 respectively.

At the DSE, out of the day’s 352 securities, prices of 222 securities closed higher against 194 losing issues while 94 remained unchanged.

The volume of shares fell to 9.63 crore from Monday’s 10.95 crore shares and the daily turnover in value at DSE decreased to Taka 271.76 crore from Monday’s Taka 306.07 crore.

The top five gainers were SEMLFBLGF, VAMLBDMF1, VAMLRBBF, ICBSONALI1 and Global Insurance. The top five losers were First Finance, Fareast Insurance, Federal Insurance, Zeal Bangla and Premier Cement.

SEAPEARL topped the turnover list followed by Fortune, BRAC Bank, BSC and Sino Bangla.

In the port city, CSE also closed higher with its major CASPI 82.84 points up at 15,702.41. A total of 268 issues were traded at the CSE. Of those, 152 closed higher and 89 closed lower while 27 remained unchanged.

A total of 68.92 lakh shares and mutual fund issues changed hands for Taka 16.44 crore.

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