DSE ends week in positive

Broad index at the country’s premier bourse--Dhaka Stock Exchange (DSE) -- ended the week with slight gain as the investors are still maintaining cautious behaviour, reports UNB. The daily average turnover at the DSE was Tk 563.93 crore, a fall by 9.04 per cent while last week’s average turnover was Tk 619.97 crore. The DSE benchmark index, DSEX, closed the week at 4840.16  points, 31.29 points or 0.65 per cent high than the previous week. DSEX closed the previous week at 4808.87 points, losing 55.58 points or 1.14 per cent.
Meanwhile, the blue chip index at the DSE, DS30 lost 8.45 points or 0.45 per cent to close at 1850.95 points on the previous week. LankaBangla Securities, a leading stockbroker of the Bangladesh, said, “Market closed the week in green zone with mild gain. Benchmark index was up by 31.29 points this week.”
The leading stockbroker also said, “However, investors continued their cautious trading behaviour while average daily turnover was 9 per cent down this week compared to previous week.” The merchant bank said, “Pharma and Engineering stocks were the market movers this week with turnover contribution of 16 per cent and 18 per cent respectively of the total market turnover.” Referring Bangladesh Bank, they said, “Among the major economic updates, Bangladesh’s foreign currency reserves continue to scale new heights, crossing the $26 billion-mark for the first time yesterday.  The reserve of $26.03 billion, up 17.8 per cent year-on-year, is enough to meet the country’s import bills for more than seven months.”
Of the 324 issues traded at the DSE on last week, 133 gained, 171 suffered loss and 20 remained unchanged.
The losing sectors at the DSE were Mutual Fund losing 3.40 per cent, Cement 3.24 per cent and Miscellaneous 1.59 per cent.
The major gaining sectors of the week were NBFI gaining 5.18 per cent, Bank 3.15 per cent, and Tannery 2.84 per cent.
Top 10 losers at the DSE on the last week were EBL NRB Mutual Fund losing 12.50 per cent, followed by Trust Bank 1st Mutual Fund 12.50 per cent, EBL First Mutual Fund 9.26 per cent, Familytex 8.50 per cent, Navana CNG 8.36 per cent, Zeal Bangla Sugar Mills 8.22 per cent, LR Global Bangladesh Mutual Fund One 8.16 per cent, PHP First Mutual Fund 8.16 per cent, 7th ICB Mutual Fund 8.15 per cent, and AIBL 1st Islamic Mutual Fund 8.00 per cent.

DSE ends week in positive

Broad index at the countrys premier bourse--Dhaka Stock Exchange (DSE) -- ended the week with slight gain as the investors are still maintaining cautious behaviour, reports UNB. The daily average turnover at the DSE was Tk 563.93 crore, a fall by 9.04 per cent while last weeks average turnover was Tk 619.97 crore. The DSE benchmark index, DSEX, closed the week at 4840.16 points, 31.29 points or 0.65 per cent high than the previous week. DSEX closed the previous week at 4808.87 points, losing 55.58 points or 1.14 per cent. Meanwhile, the blue chip index at the DSE, DS30 lost 8.45 points or 0.45 per cent to close at 1850.95 points on the previous week. LankaBangla Securities, a leading stockbroker of the Bangladesh, said, Market closed the week in green zone with mild gain. Benchmark index was up by 31.29 points this week. The leading stockbroker also said, However, investors continued their cautious trading behaviour while average daily turnover was 9 per cent down this week compared to previous week. The merchant bank said, Pharma and Engineering stocks were the market movers this week with turnover contribution of 16 per cent and 18 per cent respectively of the total market turnover. Referring Bangladesh Bank, they said, Among the major economic updates, Bangladeshs foreign currency reserves continue to scale new heights, crossing the $26 billion-mark for the first time yesterday. The reserve of $26.03 billion, up 17.8 per cent year-on-year, is enough to meet the countrys import bills for more than seven months. Of the 324 issues traded at the DSE on last week, 133 gained, 171 suffered loss and 20 remained unchanged. The losing sectors at the DSE were Mutual Fund losing 3.40 per cent, Cement 3.24 per cent and Miscellaneous 1.59 per cent. The major gaining sectors of the week were NBFI gaining 5.18 per cent, Bank 3.15 per cent, and Tannery 2.84 per cent. Top 10 losers at the DSE on the last week were EBL NRB Mutual Fund losing 12.50 per cent, followed by Trust Bank 1st Mutual Fund 12.50 per cent, EBL First Mutual Fund 9.26 per cent, Familytex 8.50 per cent, Navana CNG 8.36 per cent, Zeal Bangla Sugar Mills 8.22 per cent, LR Global Bangladesh Mutual Fund One 8.16 per cent, PHP First Mutual Fund 8.16 per cent, 7th ICB Mutual Fund 8.15 per cent, and AIBL 1st Islamic Mutual Fund 8.00 per cent.