Economic Reporter :
Dhaka stock ended mixed on Wednesday, breaking the losing streak that had been continuing at the country’s premier bourse since August 17. The recovery, however, was marginal and for the broader and a selective indices.
The broader DSEX index of Dhaka Stock Exchange (DSE) recovered by 2.91 points and finished the session at 4526.57. The blue-chip DS30 followed it with marginal rise to close at 1735.36. The Shariah DSES was only 1.17 points down at 1097.
The two indices turned green at close as majority of the issues traded ended higher. In particular, insurance and banking issues led the market to recover. Fuel and Power sector also showed some sort of stability on the market on moderate demand.
There was no significant improvement in the market activities apart from cap focused buying especially around large-cap securities. The daily transaction value was almost static at Taka 401.30 crore when the trade volume showed 5.66 percent rise at 10.18 crore shares.
All the top 10 gaining issues at DSE were from insurance sector. The top advancing issues were Agrani Insurance, Mercantile Insurance, Standard Insurance, Continental Insurance and Republic Insurance.
The issues from food and allied, jute, petroleum, textile and cement were among the day’s major losers, with Shympur Sugar, Jute Spinning, Zeal Bangla, Meghna Petroleum and Modern Dying being the most lagging securities.
Olympic Industries topped the market leaders followed by SPCL, Squire Pharma, National Tubes and DBH.
Unlike DSE, Chittagong Stock Exchange (CSE) finished the day flat in red, though marginally as majority of the issues traded there closed lower.
Out of the day’s traded 244 securities, 94 advanced against 99 lagging securities. Over 70 lakh shares changed hands for Taka 22.07 crore.
Dhaka stock ended mixed on Wednesday, breaking the losing streak that had been continuing at the country’s premier bourse since August 17. The recovery, however, was marginal and for the broader and a selective indices.
The broader DSEX index of Dhaka Stock Exchange (DSE) recovered by 2.91 points and finished the session at 4526.57. The blue-chip DS30 followed it with marginal rise to close at 1735.36. The Shariah DSES was only 1.17 points down at 1097.
The two indices turned green at close as majority of the issues traded ended higher. In particular, insurance and banking issues led the market to recover. Fuel and Power sector also showed some sort of stability on the market on moderate demand.
There was no significant improvement in the market activities apart from cap focused buying especially around large-cap securities. The daily transaction value was almost static at Taka 401.30 crore when the trade volume showed 5.66 percent rise at 10.18 crore shares.
All the top 10 gaining issues at DSE were from insurance sector. The top advancing issues were Agrani Insurance, Mercantile Insurance, Standard Insurance, Continental Insurance and Republic Insurance.
The issues from food and allied, jute, petroleum, textile and cement were among the day’s major losers, with Shympur Sugar, Jute Spinning, Zeal Bangla, Meghna Petroleum and Modern Dying being the most lagging securities.
Olympic Industries topped the market leaders followed by SPCL, Squire Pharma, National Tubes and DBH.
Unlike DSE, Chittagong Stock Exchange (CSE) finished the day flat in red, though marginally as majority of the issues traded there closed lower.
Out of the day’s traded 244 securities, 94 advanced against 99 lagging securities. Over 70 lakh shares changed hands for Taka 22.07 crore.
