Country’s capital bourse, Dhaka Stock Exchange (DSE) closed yesterday’s trading sessions with a downbeat, as investors remained cautious for lack of confidence for the fluctuation of indexes.
So many investors showed movement to liquidate their holding from telecom, bank, textile, financial institution and food sectors stocks to avoid further losses on their portfolio.
However, fuel and power, pharmaceutical and mutual fund sectors gained the investors’ attention in the session, according to a market analyst, International Leasing Securities.
At Dhaka Stock Exchange (DSE), the broad index, DSEX closed in red at 4936.37 points with a loss of 13.02 points or 0.26 per cent from the previous day.
In addition, the two selective indices, DSE30 also declined slightly by 1.24 points while the Shariah index, DSES decreased by 3.89 points to stand at 1758.50 points and 1136.31 points respectively.
On the DSE trading floor, a total number of 104,570 trades were executed in today’s trading session with a trading volume of 109.51 million securities generating a turnover of Tk 3,460.35 million.
Most of the sectors witnessed correction today. Among the major sectors based on market capitalization-telecom (-1.1 per cent), bank (-0.7 per cent), textile(-0.5 per cent) and financial institution (-0.3 per cent) sectors witnessed price correction while fuel and power (0.9 per cent), pharma (0.1 per cent) and mutual fund (1.1 per cent) sectors achieved price appreciation in the day’s session.
The top ten gainers were CAPM BDBL Mutual Fund, CAPM IBBL Mutual Fund, Padma Oil, Jamuna Oil, Prime 1 ICBA, Meghna Petroleum, ICB Agrani 1, Standard Cement, Dhaka Insurance and Prime Insurance.