BSS, Dhaka :
Dhaka stocks finished the week on Thursday in mixed performance when the market closed higher, but the key indicator lost due to highly fluctuating trading that dominated the trend at all the sessions.
“The mixed performance on stocks partly reflects the uncertainty in company performance as traders continued to keep a close eye on political situation”, said Lanka Bangla Securities Limited.
The last session closed marginally higher after a steep slide on the previous day, which took the DSEX below 4800-point mark. The benchmark index of Dhaka Stock Exchange (DSE), however, lost 25 points over the week to finish at 4763.21.
The blue-chip DS30 also closed the week higher at 1772.41, but was below the last week’s close at 1777.86. The Shariah DSES managed to close the last session and as well as the week up at 1130.91 from the previous week’s close at 1128.29.
During the week, turnover was up by 14.3 when multinational companies performed well following their declaration of outstanding earning and good annual dividend.
The major gaining sectors of the week were pharmaceuticals (3.1 percent), food and allied (2.3 percent) and fuel and power (1.7 percent).
The major losing sectors were IT (-3.6 percent), cement (-2.4 percent), mutual fund (-2.3 percent) and bank (-2.2 percent).
SPCL was the top gainer of the week (29.2 percent) followed by National Tubes (23.0 percent), RENWICK JA (16.8 percent), BSCCL (15.7 percent) and Sonali Ansh (15.4 percent).
Among the top losing companies were ILFSL (-11.8 percent), Dulamia Cotton (-10.9 percent), NCCBLMF1 (-10.2 percent) and IFAD AUTOS (-10.0 percent).
Dhaka stocks finished the week on Thursday in mixed performance when the market closed higher, but the key indicator lost due to highly fluctuating trading that dominated the trend at all the sessions.
“The mixed performance on stocks partly reflects the uncertainty in company performance as traders continued to keep a close eye on political situation”, said Lanka Bangla Securities Limited.
The last session closed marginally higher after a steep slide on the previous day, which took the DSEX below 4800-point mark. The benchmark index of Dhaka Stock Exchange (DSE), however, lost 25 points over the week to finish at 4763.21.
The blue-chip DS30 also closed the week higher at 1772.41, but was below the last week’s close at 1777.86. The Shariah DSES managed to close the last session and as well as the week up at 1130.91 from the previous week’s close at 1128.29.
During the week, turnover was up by 14.3 when multinational companies performed well following their declaration of outstanding earning and good annual dividend.
The major gaining sectors of the week were pharmaceuticals (3.1 percent), food and allied (2.3 percent) and fuel and power (1.7 percent).
The major losing sectors were IT (-3.6 percent), cement (-2.4 percent), mutual fund (-2.3 percent) and bank (-2.2 percent).
SPCL was the top gainer of the week (29.2 percent) followed by National Tubes (23.0 percent), RENWICK JA (16.8 percent), BSCCL (15.7 percent) and Sonali Ansh (15.4 percent).
Among the top losing companies were ILFSL (-11.8 percent), Dulamia Cotton (-10.9 percent), NCCBLMF1 (-10.2 percent) and IFAD AUTOS (-10.0 percent).
