Stocks open week on positive note
Stocks opened week on Sunday on positive note, with share prices rebounding from two days of losses as investors looked to the prospects of profit-booking from some selective scrip groups those became cheaper on falling market.
The week`s opening session, however, was neutral to scrip level to some extent as the difference between the numbers of advancing and lagging issues were close. Market indicators came out of the red zone on early active trading, coupled with the short-lived enthusiasm for booking cheaper securities.
The broader DSEX at Dhaka Stock Exchange (DSE) ended flat in green at 4580.49 when the blue-chip DS30 and the Shariah DSES followed it to finish at 1747.89 and 1112.01 respectively. Chittagong Stock Exchange (CSE) also opened the week flat in green, with its major CSCX ending at 8559.32.
The daily transaction was down at DSE when 9.85 crore shares worth Taka 318 crore changed hands against Thursday`s 10.70 crore shares of Taka 342.45 crore.
On CSE, the daily trade value was Taka 2.44 crore for 1.17 crore shares when 84 securities ended higher, 128 lower and 31 unchanged.
A total of 121 scrips closed higher on DSE while 141 issues declined and 54 remained unchanged.
Sonali Ansh, Libra Infusion, Northern Jute, Gemini Sea Food and Stylecraft were the day`s top gainers when the major losers included Maksons Spinning, Apex Foods, PHPMF1, Daffodils and All Tex. Beximco Pharma was the most liquid share followed by ACI, Squire Pharma, Beximco and BSCCL.
