Stocks begin New Year in flat note
BSS, Dhaka
Countrys premier bourse, Dhaka Stock Exchange (DSE) yesterday ended in flat note on the first trading day of the new calendar year amid significant volatility as the investors were active on both sides of the trading fence throughout the session.
The positive vibe was observed from the beginning of the session and closed in almost same over the last session, but observed volatility during the whole session.
The bargain hunters took position on the lucrative price levels, especially in cement, fuel power, textile, food and engineering sector stocks which helped the index to close in green.
The broad index, DSEX closed at 4453.29 points yesterday with a marginal gain of 0.35 points or 0.008 per cent.
Besides, the two selective indices, Blue Chip index, DSE30 declined by 11.55 points while the Shariah index, DSES went up by 3.82 points to settle at 1501.78 points and 1003.65 points respectively.
On the DSE trading floor, a total number of 101,640 trades were executed in yesterdays trading session with a trading volume of 106.96 million securities.
Gainers took a strong lead over the losers as out of 353 issues traded, 221 securities gained price while 86 declined and 46 remained unchanged.
It added the investors activity was mostly centered on engineering (13.4 per cent), general insurance (13.1 per cent) and pharma (12.6 per cent) sectors.
Khulna Power topped the turnover chart followed by LafargeHolchim Bangladesh, Standard Ceramic, Beacon Pharma, Standard Insurance, Genex Infosys, City Bank, Wata Chemicals, Western Marine and United Power.
On the other hand, the port city bourse, Chittagong Stock Exchange (CSE) also closed in green maintaining the gaining streak of previous session.
CSCX and CASPI increased by 7.23 points and 13.76 points to stand at 8195.14 points and 13519.46 points respectively.
At CSE, a total of 4,941,793 shares and mutual fund of 228 companies were traded, of which 139 issues advanced while 65 declined and 24 issues remained unchanged.
