UNB, Dhaka :
Share price indices at the country’s premier bourse, Dhaka Stock Exchange (DSE), experienced uptrend with higher participation of the shareholders in last week.
The DSE benchmark index, DSEX, finished the week at 4509.30 points gaining 41.28 points or 0.92 percent higher than the previous week. DSEX closed the previous week at 4468.02 points, slumping 88.92 points or 1.95 percent.
The daily average turnover at the DSE was Tk 297.23 crore, a rise by 16.17 percent from the last week. Previous week’s average turnover was Tk 255.85 crore.
“Market ended in green zone this week backing on manufacturing stocks ahead of corporate declaration,” said LankaBangla Securities on their weekly stock market analysis.
The leading stockbroker also said, “Large caps exhibited higher return this week as investors took position in consumer and pharma stocks which are expected to perform better in political unsoundness. As a result, Market turnover increased by 16.2 percent this week.”
“Among the major sectors, Pharmaceutical, Telecommunication and Cement’s market capitalisation went up by 3.11 percent, 3.07 percent and 2.99 percent respectively,” said LankaBangla.
Of the 320 issues traded at the DSE last week, 126 gained, 174 suffered loss and 20 remained unchanged.
Pharmaceutical companies witnessed the best week gaining 3.11 percent among the 21 sectors in DSE while Telecommunication and Cement gained 3.07 and 2.99 percent respectively.
On the contrary, the losing sectors of the week were Mutual Fund slumping 14.73 percent following by General Insurance 4.80percent, Non-bank Financial Institution (NBFI) 2.30 percent, and Cement 1.89 percent.
ACI dominated the week’s top turnover chart with shares worth Tk 75.98 crore, followed by Lafarge Surma Cement, Shahjibazar Power, Grameenphone, and ACI Formulations with shares worth Tk 51.82 crore, Tk 50.38 crore, Tk 49.28 crore and 47.84 crore.
Share price indices at the country’s premier bourse, Dhaka Stock Exchange (DSE), experienced uptrend with higher participation of the shareholders in last week.
The DSE benchmark index, DSEX, finished the week at 4509.30 points gaining 41.28 points or 0.92 percent higher than the previous week. DSEX closed the previous week at 4468.02 points, slumping 88.92 points or 1.95 percent.
The daily average turnover at the DSE was Tk 297.23 crore, a rise by 16.17 percent from the last week. Previous week’s average turnover was Tk 255.85 crore.
“Market ended in green zone this week backing on manufacturing stocks ahead of corporate declaration,” said LankaBangla Securities on their weekly stock market analysis.
The leading stockbroker also said, “Large caps exhibited higher return this week as investors took position in consumer and pharma stocks which are expected to perform better in political unsoundness. As a result, Market turnover increased by 16.2 percent this week.”
“Among the major sectors, Pharmaceutical, Telecommunication and Cement’s market capitalisation went up by 3.11 percent, 3.07 percent and 2.99 percent respectively,” said LankaBangla.
Of the 320 issues traded at the DSE last week, 126 gained, 174 suffered loss and 20 remained unchanged.
Pharmaceutical companies witnessed the best week gaining 3.11 percent among the 21 sectors in DSE while Telecommunication and Cement gained 3.07 and 2.99 percent respectively.
On the contrary, the losing sectors of the week were Mutual Fund slumping 14.73 percent following by General Insurance 4.80percent, Non-bank Financial Institution (NBFI) 2.30 percent, and Cement 1.89 percent.
ACI dominated the week’s top turnover chart with shares worth Tk 75.98 crore, followed by Lafarge Surma Cement, Shahjibazar Power, Grameenphone, and ACI Formulations with shares worth Tk 51.82 crore, Tk 50.38 crore, Tk 49.28 crore and 47.84 crore.
