Stocks gain marginally
Key share price indices at the countrys twin bourses --Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)--witnessed slight gain yesterday, the first trading day of the week.
The market opened higher in the morning and the positive vibe sustained till the end of the session amid moderate volatility.
The DSE benchmark index, DSEX gained 8.16 points or 0.17 per cent to close at 4768.30 on the day. Of the 315 issues traded, 139 gained, 143 declined and 40 remained unchanged.
Shares worth Tk 457.54 crore changed hands at the DSE yesterday as against Tk 448.29 crore on Thursday.
LankaBangla Securities, a stockbroker, said, Stocks ended moderate gain, although buying interest has been somewhat subdued, leading to choppy trading.
IDLC Investments, a merchant bank, said, The investors were trying to ride on volatility and earn some spreads from short-term positioning and repositioning and thus resorted to smaller cap classes.
International Leasing Securities said A major group of investors demonstrated buying interest in comparatively fundamentally sound stocks following the recent downbeat momentum while another group made profit booking sell-offs due to fear of further fall in stock prices.
Bangladesh Steels Re-rolling Mills (BSRM) dominated the days turnover chart with shares of Tk 195.42 million changing hands followed by Aman Feed, Lafarge Surma Cement, ACI and Al-Haj Textiles.
Deshbandhu Polymer was the days best performer, posting a rise of 9.93 per cent while Eaxim Bank First Mutual Fund was the days worst loser, plunging by 10 per cent.
The days top 10 gainers at the DSE were Deshbandhu Polymer, Aramit, Rupali Life Insurance, Usmania Glass, Popular Life Insurance, ACI Formulations, Bangladesh Lamps, Beach Hatchery, Intech Limited and BSRM Limited.
The top five turnover leaders at the DSE were BSRM Limited, Aman Feed, Lafarge Surma Cement, ACI and Al-Haj Textile.
Top five losers at the premier bourse were Exim Bank 1st Mutual Fund, Aman Feed, Monno Ceramic, Standard Ceramic and Anwar Galvanizing.
The port city bourse key index, CASPI gained 0.23 points to reach 14574.52 at close yesterday. Of the 251 issues traded, 111 advanced, 116 suffered loss and 24 remained unchanged.
The value of the traded issues at the CSE was Tk 30.20 crore on the day.
