Stocks witness flat on lower transactions

Stock markets today witnessed flat when daily transactions declined on lower demand. The day’s trade value at DSE declined to Taka 358.16 crore from Thursday’s Taka 376.22 crore and the daily trade fell to 12.68 crore shares from 12.73 crore shares of the previous session.

The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 1.91 points down at 5,273.93. The blue-chip DS30 and the Shariah DSES also followed the same trend with 4.86 points down at 1,846.48 and with 1.29 points down at 1,219.02.

At the DSE, prices of 153 securities out of the day’s 347 closed higher against 150 losing issues. The major gaining issues were RN Spinning, OIMEX, Aamra Net, Apollo Isphat and LRGOBMF1. The major losing issues were Dulamia Cotton, ARAMITCEM, Uttara finance, Emerald Oil and BGIC.

Fortune topped the turnover list followed by BSC, Power Grid, ESQUIRENIT and OIMEX. The Chittagong Stock Exchange (CSE) closed the day with downward trend with its major CASPI 12.64 points down at 16,173.91. At the CSE, a total of 227 issues were traded while 114 closed higher and 95 closed lower as 84.99 lakh shares worth Taka 22.86 crore changed hands.