Stocks perform mixed on higher transactions

Stocks performed mixed on Tuesday with major indices finishing flat despite increasing the daily transactions, which rose at the market that prevented price indices from sharp decline.
The daily transactions at the two markets rose considerably. The trade value at Dhaka Stock Exchange (DSE) increased to Taka 782.62 crore from Monday’s Taka 722.74 crore when the trade volume was up to 24.06 crore from 21.03 crore shares of the last session.
The border DSEX index of Dhaka Stock Exchange (DSE) closed the day with 6.21 points down at 5683.46. The Shariah DSES and the blue-chip DS30 also followed the same trend with 1.54 points down at 1300.40 and with 8.76 points down at 2107.69.
At DSE, out of the day’s 325 securities, prices of 142 securities closed higher against 138 losing issues.
The major gaining issues were Fareast Finance, Emerald Oil, Regent Textile, ETL and HAKKANIPUL. The major losing companies were Brac Bank, Global Insurance, Jute Spinning, SAMATALETH and ICB AMCL 2nd.
Lanka Bangla Finance topped the turnover list followed by Brac Bank, IDLC, City Bank and ETL.
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 9.17 points down at 17600.43.
At CSE, 240 issues were traded. Of those, 113 closed higher and 87 closed lower when 1.67 crore shares worth Taka 44.79 crore changed hands.