Dhaka stocks maintain upbeat
Image collected
Country’s premier bourse, Dhaka Stock Exchange (DSE) remained in green yesterday amid choppy trading, as the investors were active in both sides of the trading fence throughout the session.
The optimistic investors’ buying appetite was mostly observed in the beginning of the trading which continued till the closure though the shaky investors booked some quick gain.
The buyer’s attention was mostly on fuel and power, general insurance, pharma, financial institutions and engineering sectors stocks which helped the index to close in green.
The broad index, DSEX closed at 4722.01 points yesterday with a gain of 4.62 points or 0.09 per cent.
Trading activities has increased by 12.6 per cent over last session as the investor’s injected fresh fund which helped to cross the turnover Tk 4.0 billion marks.
Besides, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES also went up by 9.78 points and 1.02 points to settle at 1652.15 points and 1084.71 points respectively.
The general insurance sector continued to dominate the turnover board and grabbed 22.7 per cent of the day’s total turnover.
On the DSE trading floor, a total number of 131,215 trades were executed in yesterday’s trading session with a trading volume of 133.40 million securities.
Gainers took a strong lead over the losers as out of 341 issues traded, 156 securities gained price while 135 declined and 50 remained unchanged.
Most of the sectors witnessed better performance yesterday. Among the major sectors based on market capitalization – fuel and power (1.0 per cent), general insurance (2.0 per cent), pharma (0.2 per cent), financial institutions (0.4 per cent) and engineering (0.7 per cent) sectors achieved price appreciation while bank (-0.2 per cent), food (-0.3 per cent) and cement (-0.6 per cent) sectors witnessed correction, according to a market operator, International Leasing Securities.
It added the investors’ activity was mostly centered on general insurance (22.7 per cent), engineering (15.2 per cent) and pharma (13.1 per cent) sectors.
The top 10 gainers were BD Auto Cars, Asia Insurance, Eastland Insurance, Safko Spinning, Sea Pearl Resort, City General Insurance, Monno Jute Stafflers, ML Dying, Eastern Cables and Purabi General Insurance.
The top 10 losers were Kohinoor Chemicals, Summit Alliance Port, Premier Cement, ICB AMCL Second Mutual Fund, Far East Knitting, National Feeds, Khan Brothers’ PP, Mutual Trust Bank, Kattali Textile and Standard Bank.
On the other hand, the port city bourse, Chittagong Stock Exchange (CSE) closed at red from the winning streak of the previous day.
CSCX and CASPI went down by 13.73 points and 23.31 points to stand at 8709.52 points and 14325.19 points respectively.
At CSE, a total of 8,024,446 shares and mutual fund of 237 companies were traded, of which 96 issues advanced while 111 declined and 30 issues remained unchanged.
Source: http://www.theindependentbd.com
Tags :
Previous Story
- Premier Cement takes up Tk 1,300cr expansion despite...
- Dhaka stocks inch up after 3-day fall
- Stocks back to red zone on poor reports
- Income of numerous material cos down: 10 downsized...
- Treasury bond trading on DSE to be activated...
- Easy access to company data will check stock...
- Stocks continue gaining streak
- Stocks fall after 4-day rise