BSS, Dhaka :
Textile shares shined at Dhaka Stock Exchange (DSE) on Sunday, driven seemingly by the enthusiasm of the first ever Dhaka Apparel Summit that targets $50 billion export earnings from readymade garment (RMG) by 2021.
Six stocks from the textile sector appeared at the top 10 gainers list of DSE as the BGMEA-sponsored Summit kicked off in the city earlier in the morning. The gains to the issues ranged between 4.0 to 8.0 percent. The textile sector also captured over 17.0 percent of the day’s total trade value when gained 2.16 percent in sectoral share prices.
Banking and non-banking financial issues also saw active buying.
The market, however, ended the week’s first session down while all the benchmark indices finished lower, extending the falling trend for another day.
The benchmark DSEX price index rose marginally on early trading vibe, but finally closed 31.47 points or 0.63 percent lower at 4930.37 on selling pressure. The blue-chip DS30 also fell by 21.31 points or 1.15 percent to 1822.37 and the Shariah DSES decreased by 9.56 points or 0.82 percent to 1151.86.
The daily trade value shrunk by 25.3 percent to Taka 383.39 crore when the volume was deflated by 16.89 percent to 10.46 crore shares.
The number of advancing issues, however, was higher than losing ones though most of the major sectors closed in red. Among the day’s 299 issues traded, 135 gained, 132 incurred loss and 32 remained static.
The miscellaneous sector lost most with 2.1 percent followed by fuel and power by 1.8 percent and life insurance by 1.4 percent fall. Manufacturing stocks experienced correction after last week’s gain.
Among the major losing issues were Meghna Petroleum, Shurid Industries, Khan Brothers, Eastern Lub and Anwar Galvanizing. Meghna Petroleum lost over 14.0 percent to its ex-dividend transaction.
Beximco Pharma topped the turnover list followed by HFL, Beximco, SA Port and AB Bank.
All the DSE indices finished near flat last week as the market were mixed during the last trading session of the week on Thursday.
Textile shares shined at Dhaka Stock Exchange (DSE) on Sunday, driven seemingly by the enthusiasm of the first ever Dhaka Apparel Summit that targets $50 billion export earnings from readymade garment (RMG) by 2021.
Six stocks from the textile sector appeared at the top 10 gainers list of DSE as the BGMEA-sponsored Summit kicked off in the city earlier in the morning. The gains to the issues ranged between 4.0 to 8.0 percent. The textile sector also captured over 17.0 percent of the day’s total trade value when gained 2.16 percent in sectoral share prices.
Banking and non-banking financial issues also saw active buying.
The market, however, ended the week’s first session down while all the benchmark indices finished lower, extending the falling trend for another day.
The benchmark DSEX price index rose marginally on early trading vibe, but finally closed 31.47 points or 0.63 percent lower at 4930.37 on selling pressure. The blue-chip DS30 also fell by 21.31 points or 1.15 percent to 1822.37 and the Shariah DSES decreased by 9.56 points or 0.82 percent to 1151.86.
The daily trade value shrunk by 25.3 percent to Taka 383.39 crore when the volume was deflated by 16.89 percent to 10.46 crore shares.
The number of advancing issues, however, was higher than losing ones though most of the major sectors closed in red. Among the day’s 299 issues traded, 135 gained, 132 incurred loss and 32 remained static.
The miscellaneous sector lost most with 2.1 percent followed by fuel and power by 1.8 percent and life insurance by 1.4 percent fall. Manufacturing stocks experienced correction after last week’s gain.
Among the major losing issues were Meghna Petroleum, Shurid Industries, Khan Brothers, Eastern Lub and Anwar Galvanizing. Meghna Petroleum lost over 14.0 percent to its ex-dividend transaction.
Beximco Pharma topped the turnover list followed by HFL, Beximco, SA Port and AB Bank.
All the DSE indices finished near flat last week as the market were mixed during the last trading session of the week on Thursday.
