Bourses close on positive note Thursday

DHAKA, Country's capital bourse, Dhaka Stock Exchange

(DSE) closed on positive note today amid upward expectation from the

investors with the index crossing 5,200mark after one month.

DSE's core index closed at 5,201.42 points with a sharp rise of 14.22

points. The Shariah index, DSES also increased by 2.24 points at 1192.22 and

the blue chips, DS30 rose by 0.75 points to stand at 1837.75.

In DSE, a total of 9.79 crore shares and mutual funds of 352 companies

were traded, of which, 228 issues advanced while 63 issues declined and 61

issues remained unchanged.

However, the market turnover decreased and stood at Taka 4.1 billion by

the end of the session.

According to a market operator, EBL Securities, the market regained

momentum as investors kept on taking fresh positions on their portfolio at

the current lucrative price level.

Investors' exerted buying pressure on sector specific stocks, especially

from telecommunication, fuel and power, and food and allied sectors.

Most of the sectors depicted shining performance today at DSE. Sector wise

performance exposed that Mutual Fund (3.4%), Telecommunication (2.6%) and

General Insurance (2.0%) sector experienced highest price appreciation while

Jute(2.1%) and Services and Real Estate (0.7%) sector experienced price


Investors' attention were mostly concentrated on Fuel and Power (13.8%),

Life Insurance (13.6%) and Pharmaceuticals and Chemicals (11.4%) sectors.

The top ten gainers were SEML LEC Mutual Fund, VAML Rupali Bank Balanced

Fund, SEML FBSL Growth Fund, Prime Finance First Mutual Fund, SEML IBBL

Shariah Fund, ICB Agrani First Mutual Fund, ICB 3rd NRB Mutual Fund, ICB

Sonali 1st Mutual Fund, CAPM IBBL Mutual Fund and Dhaka Insurance.

United Power topped the list in terms of transaction followed by Khulna

Power, ZMI Syringe, Grameenphone, Fortune Shoes, Bangladesh Shipping

Corporation, Monno Ceramics, Bongos Limited, BSCCL and Square Pharma.

Besides, the top ten losers were United Air, Emerald Oil, Northern Jute,

Savar Refectories, ICB AMCL 2nd Mutual Fund, Marcentile Insurance, Saif

Power, Green Delta Insurance, Altex Industries and Confidence Cement.

On the other hand, the port city bourse, CSE closed in green zone today.

CSCX and CASPI increased by 27.23 and 44.63 points respectively to stand at

9660.90 and 15896.69.

In CSE, a total of 55.30 lakh shares of 257 companies were traded, of

which 144 issues advanced while 74 issues declined and 39 remained unchanged.

Source: Bangladesh Sangbad Sangstha (BSS)