Stock markets on Sunday finished the session flat as the major indices of both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) showed no significant rise amid lower activities of large-cap securities.
DSEX, the benchmark index of DSE, closed the day with 5.69 points up at 5,564.63. The Shariah-based index, DSES, also followed the same trend with 0.31 point up at 1,215.15.
But the blue-chip index, DS30, closed the day with 4.60 points down at 1,959.90. The large-cap index, CDSET, also closed down at 1,062.23 points.
Meanwhile, market turnover slightly decreased by 2.2 per cent to Tk 890 crore from the previous session’s Tk 910 crore.
Out of the 396 issues traded, 163 advanced, 196 declined and 37 remained unchanged.
The major gaining issues were KBPPWBIL, GOLDENSON, GHCL, MIRACLEIND and ACMEPL. The major losing companies were UNILEVERCL, BDLAMPS, TAMIJTEX, UNIONBANK and DSHGARME.
In its daily market review, EBL Securities said that the benchmark index of the Dhaka bourse managed to stay afloat in green territory following a volatile session due to profit booking selloffs as investors preferred to remain watchful of the current upbeat vibe after the market witnessed an uptrend for continuous sessions.
Investors were active on both sides of the trading fence, resulting in mild volatility of the market indices throughout the session, it said.
On the sectoral front, Pharma (15.9 per cent) issues exerted the highest turnover, followed by Textile (12.8 per cent) and General Insurance (10.7 per cent) sectors.
Most of the sectors displayed dismal returns, out of which Jute (-1.9 per cent), Tannery (-1.8 per cent) and Travel (-1.5 per cent) exerted the most corrections on the bourse on Sunday, while General Insurance (3.1 per cent), Textile (1.1 per cent) and Miscellaneous (0.7 per cent) exhibited the most positive returns.
BRAC EPL Stock Brokerage said in its market review that most of the large-cap sectors posted negative performance on Monday. Engineering experienced the highest loss of 1.47 per cent followed by Food and Allied (-1.25 per cent), Telecommunication (-1.17 per cent), NBFI (-0.94 per cent), Fuel and Power (- 0.80 per cent), Bank (-0.03 per cent), and Pharmaceutical (+0.18 per cent), respectively.
Block trades contributed 3.9 per cent of the overall market turnover. Sea Pearl Beach Resort & Spa Limited (- 2.7 per cent) was the most traded share with a turnover of Tk 37.7 crore.
Meanwhile, the CSE closed Sunday in upward trend with its major CASPI 81.63 points up at 15,794.66.
At CSE, 278 issues were traded. Of those, 144 closed higher and 110 closed lower when 4.503 million shares worth Tk 19.47 crore changed hands.
