Economic Reporter :
Stock market saw steady transaction on Monday on large-scale buying of power and consumers’ securities when the daily trade value crossed Taka 600 crore after nearly three weeks.
The daily trade value surged to Taka 644.88 crore at close, which was 13.66 percent higher than previous day’s transaction value of Taka 567.39 crore. The daily trade volume, however, declined by 16.29 percent to 16.16 crore shares from previous session’s 19.30 crore as investors were cap-focused.
The higher trade value helped market maintain strength, with all the indicators finishing positive for the consecutive second session though the change to the indices was marginal. The DSEX index finished the day at 4693.70, the DS30 at 1757.53 and the DSES at 1119.60.
Like previous session, majority of the issues traded incurred loss as investors went for capital gain. Out of the 325 securities, 164 closed lower against 118 advancing issues.
The major advancing sectors were cement, engineering, fuel and power and telecom when bank and non-banking financial institution sectors were the major losers.
The large-cap shares sank most on the day again. Mutual funds also continued to lose, with 10 funds finishing the day lower when only two saw marginal gains.
Newly listed securities performed mixed when five securities ended higher against five losing ones.
The day’s top five gaining issues were Miracle Industries, Apex Spinning, Pharma Aid, GQ Ball Pen and ETL. The major losers included Dulamia Cotton, BD Autos, Fine Foods, Fortune and CAN Textile.
Fortune topped the turnover leaders, with Doreen Power, MJLBD, KDS Accessories and ITC following it.
Chittagong Stock Exchange (CSE) also continued to rise on the second day of the week, with its major CASPI index ending at 14419.29 with marginal rise.
Out of the 254 traded issues, 83 gained and 138 incurred loss when some 1.14 crore shares were traded for Taka 36.98 crore.
Stock market saw steady transaction on Monday on large-scale buying of power and consumers’ securities when the daily trade value crossed Taka 600 crore after nearly three weeks.
The daily trade value surged to Taka 644.88 crore at close, which was 13.66 percent higher than previous day’s transaction value of Taka 567.39 crore. The daily trade volume, however, declined by 16.29 percent to 16.16 crore shares from previous session’s 19.30 crore as investors were cap-focused.
The higher trade value helped market maintain strength, with all the indicators finishing positive for the consecutive second session though the change to the indices was marginal. The DSEX index finished the day at 4693.70, the DS30 at 1757.53 and the DSES at 1119.60.
Like previous session, majority of the issues traded incurred loss as investors went for capital gain. Out of the 325 securities, 164 closed lower against 118 advancing issues.
The major advancing sectors were cement, engineering, fuel and power and telecom when bank and non-banking financial institution sectors were the major losers.
The large-cap shares sank most on the day again. Mutual funds also continued to lose, with 10 funds finishing the day lower when only two saw marginal gains.
Newly listed securities performed mixed when five securities ended higher against five losing ones.
The day’s top five gaining issues were Miracle Industries, Apex Spinning, Pharma Aid, GQ Ball Pen and ETL. The major losers included Dulamia Cotton, BD Autos, Fine Foods, Fortune and CAN Textile.
Fortune topped the turnover leaders, with Doreen Power, MJLBD, KDS Accessories and ITC following it.
Chittagong Stock Exchange (CSE) also continued to rise on the second day of the week, with its major CASPI index ending at 14419.29 with marginal rise.
Out of the 254 traded issues, 83 gained and 138 incurred loss when some 1.14 crore shares were traded for Taka 36.98 crore.
