Stock market was steady yesterday for the third consecutive session with rising participation of investors particularly around large-cap stocks, reports BSS.Stocks maintain recovery for 3rd day in a row
BSS
Stock market was steady yesterday for the third consecutive session with rising participation of investors particularly around large-cap stocks, reports BSS.
The broader DSEX index of Dhaka Stock Exchange (DSE) added 9.17 points yesterday to finish at 4586.25 when the Shariah DSES followed it with marginal gain and ended at 1123.29. The blue-chip DS30, however, ended flat in red at 1773.85.
Like DSE, the Chittagong Stock Exchange (CSE) also maintained steady trend, with its major CASPI index advancing by 39.65 points to 14112.70.
Major portion of the traded securities at the two stock exchanges closed higher on the day on active participation that also drove the daily transaction up. Out of the 323 issues traded on DSE, 147 advanced against 128 losing issues while CSE saw prices of 108 scripts rising against 107 lagging securities.
The daily trade value at DSE rose by 26.66 per cent to Tk 425.48 crore and the volume increased by nearly 39.0 per cent to 11.98 crore shares. On CSE, the trade value was Tk 21.10 crore for 79.58 crore shares.
The trading was active mostly around large cap securities that prompted price rise of 120 issues of this cap group. Some investors were also busy in getting cash by selling mutual funds that resulted in price fall of 18 funds. Some other sectors also saw profit-booking selling.
Cement, engineering, textile and mutual fund were the days major losing sectors while bank and telecom advanced marginally.
The days major gainers were SEML Lecture Equity, VAMLBDMF1, Ambee Pharma, Pharma Aid and Sonali Ansh. The major losers included Sandhani Insurance, Meghna Petroleum, Meghna Condense Milk, Imam Button and Trust Bank 1st MF. BSRM Limited topped the turnover list followed by BSCCL, Apex Tannery, National Polymer and MJLBD.
