Home ›› 17 Apr 2023 ›› Stock
The benchmark index of the prime bourse Dhaka Stock Exchange (DSE) managed to stay afloat on Sunday owing to investors’ buying binge in selective scrips, while profit booking and price correction in some major scrips led the market to end flat.
The DSEX, the key index of the premier bourse, edged up 1.1 points to settle at 6,216 against 6,215 in the previous trading session.
Among other indices, the DS30, the blue-chip index, lost 2.25 points or 0.10 per cent to 2,199, while the DSES, the Shariah-based index, increased 0.17 points or 0.01 per cent to 1,347.
Turnover, another crucial indicator of the market, jumped by 14.2 per cent to Tk 472 crore against Tk 414 crore in the previous session.
The market witnessed a mild volatility as investors remained active on both sides of the trading fence, while the sellers went up to a slightly dominant position by the end of the session, said EBL Securities, a stockbroker, in its daily market review.
The food and allied sector topped the turnover chart with a contribution of 17.7 per cent of the total turnover of the DSE, followed by IT (14.6 per cent) and pharma (12.1 per cent).
Meanwhile, Gemini Sea Food Ltd was the most traded stock, with Tk 33 crore worth of its shares changing hands, followed by Unique Hotel & Resorts PLC, and aamra networks limited.
Most sectors displayed mixed returns, out of which the paper posted the highest gain of 0.9 per cent, followed by IT (0.5 per cent) and pharma (0.2 per cent).
On the other hand, the tannery faced the highest correction of 1.4 per cent, followed by services (0.9 per cent) and jute (0.9 per cent).
