Economic Reporter :
Stocks posted a marginal gain on Wednesday after volatile trading as late hours selling spree wiped out most of the early gains.
The market opened on upward note and the key index of the prime bourse rose more than 32 points within first 20 minutes of trading. But, rest of the session went down steadily amid selling pressure on major issues.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 5.63 points or 0.11 per cent to settle at 4,702, after losing 61 points in the past two sessions.
Two other indices also edged up. The DS30 index, comprising blue chips, gained 0.38 point to finish at 1,617 and the DSE Shariah Index also saw a fractional gain of 0.70 point to close at 1,061.
Turnover, a crucial indicator of the market, rose to Tk 4.62 billion, which was 12 per cent higher than the previous day’s turnover of Tk 4.12 billion.
Gainers took a modest lead over the losers as out of 352 issues traded, 167 ended higher, 134 closed lower and 51 remained unchanged on the DSE trading floor.
A total number of 137,149 trades were executed in the day’s trading session with trading volume of 193.37 million shares and mutual fund units.
The market-cap of the DSE stood at Tk 3,537 billion on Wednesday, from Tk 3,538 billion in the previous session.
Sonar Bangla Insurance topped the turnover chart with shares worth Tk 196 million changing hands, closely followed by Sinobangla Industries, SK Trims & Industries, Paramount Insurance and LafargeHolcim.
Stocks posted a marginal gain on Wednesday after volatile trading as late hours selling spree wiped out most of the early gains.
The market opened on upward note and the key index of the prime bourse rose more than 32 points within first 20 minutes of trading. But, rest of the session went down steadily amid selling pressure on major issues.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 5.63 points or 0.11 per cent to settle at 4,702, after losing 61 points in the past two sessions.
Two other indices also edged up. The DS30 index, comprising blue chips, gained 0.38 point to finish at 1,617 and the DSE Shariah Index also saw a fractional gain of 0.70 point to close at 1,061.
Turnover, a crucial indicator of the market, rose to Tk 4.62 billion, which was 12 per cent higher than the previous day’s turnover of Tk 4.12 billion.
Gainers took a modest lead over the losers as out of 352 issues traded, 167 ended higher, 134 closed lower and 51 remained unchanged on the DSE trading floor.
A total number of 137,149 trades were executed in the day’s trading session with trading volume of 193.37 million shares and mutual fund units.
The market-cap of the DSE stood at Tk 3,537 billion on Wednesday, from Tk 3,538 billion in the previous session.
Sonar Bangla Insurance topped the turnover chart with shares worth Tk 196 million changing hands, closely followed by Sinobangla Industries, SK Trims & Industries, Paramount Insurance and LafargeHolcim.
