Stocks close week down, transactions decline

DHAKA : Stocks finished the week down on Thursday with falling trends of all major price indices at Dhaka and Chittagong Stock Exchanges as the daily transactions declined amid volatility in large-cap securities.
The broader DSEX of the DSE finished the week with 52.39 points down at 5782.47. The blue-chip DS30 and Shariah DSES also followed the same trend with 9.37 points down at 2121.80 and with 13.30 points down at 1313.69 respectively.
Out of the 332 issues traded on DSE, 116 gained against 199 losing issues.
During the week, the daily average trade value declined by nearly 10.40 percent to Taka 1,015.91 crore and the average trade volume fell by 26.7 percent to 29.11 crore shares when majority of the traded issues closed up.
The top five gainers of the week were Jute Spinning, Imam Button, PLFSL, CONFIDENCEM and Apex Spinning. The major losing issues of the week included BD Welding, BIFC, Meghna Pet, MEGCONMILK and Fu Wang Food.
The top five turnover leaders were Ifad Autos, CONFIDENCEM, Doreen Power, Keya Cosmetic and SPCL.
Chittagong Stock Exchange (CSE) also closed the week down, with its major CASPI index ending 154.63 points lower at 17936.33.