DSE registers flat session

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Economic Reporter :
Country’s premier bourse, Dhaka Stock Exchange (DSE) on Thursday registered a flat session although the enthusiastic investors demonstrated buying appetite.
Optimistic investors took position on sector specific stocks based on the latest quarter financial performance and year-end dividend declarations.
The last hour buoyancy was observed mostly in food, textile, engineering, and fuel and power sectors that helped the prime index to close almost same over the last session.
The broad index, DSEX closed at 4682.90 points with a marginal loss of 0.30 points.
However, the turnover, another crucial indicator of the market, increased to above Taka 4.0 billion after one month where Taka 0.47 billion was from the block market.
The bank sector dominated the turnover board and grabbed 17.3% of the day’s turnover where Dutch Bangla topped the turnover list with 8.2% of total turnover.
Besides, the two selective indices, DSE30 declined by 3.72 points while the Shariah index, DSES increased by 3.34 points to settle at 1627.74 points and 1075.48 points respectively.
On the DSE trading floor, a total number of 125,886 trades were executed in on Thurday’s trading session with a trading volume of 136.76 million securities.
Gainers took a strong lead over the losers as out of 352 issues traded, 185 securities gained price while 126 declined and 41 remained unchanged.
Most of the sectors witnessed better performance on Thursday. Among the sectors based on market capitalization food(2.7%), textile (2.4%), engineering (0.2%) and fuel & power (0.1%) sectors achieved price appreciation while telecom(-0.6%), bank (-0.5%) and financial institutions (-1.5%) sectors witnessed correction, according to a market operator, International Leasing Securities.
It added the investors’ activity was mostly pinned upon bank (15.3%), engineering (15.0%) and textile (14.3%) sectors.
The top 10 gainers were Mozaffar Hossain Spinning, Premier Leasing, United Insurance, National Tubes, Shurwid Industries, CAPM IBBL Mutual Fund, SIMTEX, SEML FBSL Lecture Equity, SEML FBSL Growth Fund and SEML IBBL Shariah Fund.
National Tubes topped the turnover chart followed by Sonarbangla Insurance, Northern Jute, Brac Bank, British American Tobacco, VFS Thread, Stylecraft, Wata Chemical, Standard Ceramics and Premier Bank.
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