Stock markets on Sunday finished the first session of the week flat as the major indices of both the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) went slightly down amid lower activities of large-cap securities.
DSEX, the key index of the DSE, closed the day by falling 0.30 points and settling at 5,734.97.
The blue-chip index, DS30, also followed the same trend going 11.64 points down at 2,094.80. But, the Shariah-based index, DSES, closed the day with 5.66 points up at 1,263.48.
EBL Securities in its daily market review said that the market saw mixed reactions as the session began with an upbeat momentum, but risk-averse investors’ subsequent cautious selling approach to realise the short-term gains amidst an uncertain market momentum eroded the early session optimism.
Meanwhile, market turnover slightly increased by 13.6 per cent to Tk 675 crore, from the previous session’s Tk 594 crore.
Of the 400 issues traded, 233 closed lower, 109 advanced and 58 remained unchanged at DSE.
Block trades contributed 7.3 per cent of the overall market turnover. Agni Systems Ltd (+1.5 per cent) was the most traded share with a turnover of Tk 33.8 crore.
On the sectoral front, Bank (14.3 per cent) issues exerted the highest turnover, followed by Pharma (13 per cent) and Food (11.6 per cent) sectors.
Sectors mostly displayed dismal returns, out of which Jute (-3.5 per cent), Paper (-3.4 per cent) and Life Insurance (-2.2 per cent) exerted the most corrections on the bourse on Sunday, while Bank (1.4 per cent), Textile (0.4 per cent) and Mutual Fund (0.4 per cent) exhibited marginal returns.
The major gaining issues were Islamibank, KTL, Islamicfin, Lovello and Genexil, while the major losing companies were Hami, Firstfin, Sp ceramics, Dominage and Quasemind.
The port city bourse, CSE, closed Sunday on a downward trend with its major CASPI 3.02 points down at 16,188.87.
At CSE, 227 issues were traded. Of those, 95 closed higher and 106 closed lower when 3.833 million shares worth Tk 17.87 crore changed hands.
