Bourses return to buoyancy

DHAKA Country's premier bourse, Dhaka Stock Exchange

(DSE) bounced back to the green after witnessing correction in the last

session amidst increased participation riding on the latest quarterly

earnings declarations.

The optimistic investors' buying appetite was mostly observed in the

beginning of the trading session, but in the middle the shaky investors'

rushed for sell that minimized the early gains.

However, the last hour buoyancy on lucrative price levels in bank,

financial institutions, food, engineering and textile sectors pushed prime

index up.

The broad index, DSEX closed at 4703.70 points with a gain of 25.34

points or 0.54 percent.

Besides, the two selective indices, Blue Chip index, DSE30 and the

Shariah index, DSES also went up by 10.53 points and 6.84 points to settle at

1637.14 points and 1081.39 points respectively.

Turnover, another crucial indicator of the market, increased by 14.4%

over last session as the investors took position on the lucrative price

levels.

On the DSE trading floor, a total number of 104,188 trades were executed

in today's trading session with a trading volume of 107.97 million

securities.

Gainers took a strong lead over the losers as out of 350 issues traded,

192 securities gained price while 101 declined and 57 remained unchanged.

Most of the sectors witnessed better performance today. Among the major

sectors based on market capitalization � bank (0.7%), financial institutions

(0.3%), food (0.6%) and textile (1.5%) sectors achieved price appreciation

while especially in telecom (-0.4%) and fuel & power (-0.1%) sectors

witnessed correction, according to a market operator, International Leasing

Securities.

It added the investors' activity was mostly centered on engineering

(18.1%), bank (15.4%) and pharma (15.2%) sectors.

The top 10 gainers were Yeakin Polymar, National Tubes, Mozaffar Hossain

Spinning, Al-haj Tex, Shurwid Industries, Quashem Industries, Green Delta

Insurance, Coppertech Industries, Silva Pharma and Hakkani Pulp.

Brac Bank topped the turnover chart followed by National Tubes, VFS

Thread, Sonarbangla Insurance, Shurwid Industries, Square Pharma, Silva

Pharma, Standard Ceramics, Coppertech Industries and Fortune Shoes.

The top 10 losers were Meghna Petroliam, Emerald Oil, CAN Tex, Popular

Life Insurance, Apolo Ishpat, Family Tex, Generation Next, Matin Spinning,

Selvo Chemical and Mercantile Bank First Mutual Fund.

On the other hand, the port city bourse, Chittagong Stock Exchange (CSE)

also closed in green from the downfall of the previous day.

CSCX and CASPI also went up by 32.86 points and 55.17 points to stand at

8678.07 points and 14280.62 points respectively.

At CSE, a total of 5,548,095 shares and mutual fund of 260 companies were

traded, of which 138 issues advanced while 86 declined and 36 issues remained

unchanged.

Source: Bangladesh Sangbad Sangstha (BSS)

Bourses return to buoyancy

DHAKA Country's premier bourse, Dhaka Stock Exchange

(DSE) bounced back to the green after witnessing correction in the last

session amidst increased participation riding on the latest quarterly

earnings declarations.

The optimistic investors' buying appetite was mostly observed in the

beginning of the trading session, but in the middle the shaky investors'

rushed for sell that minimized the early gains.

However, the last hour buoyancy on lucrative price levels in bank,

financial institutions, food, engineering and textile sectors pushed prime

index up.

The broad index, DSEX closed at 4703.70 points with a gain of 25.34

points or 0.54 percent.

Besides, the two selective indices, Blue Chip index, DSE30 and the

Shariah index, DSES also went up by 10.53 points and 6.84 points to settle at

1637.14 points and 1081.39 points respectively.

Turnover, another crucial indicator of the market, increased by 14.4%

over last session as the investors took position on the lucrative price

levels.

On the DSE trading floor, a total number of 104,188 trades were executed

in today's trading session with a trading volume of 107.97 million

securities.

Gainers took a strong lead over the losers as out of 350 issues traded,

192 securities gained price while 101 declined and 57 remained unchanged.

Most of the sectors witnessed better performance today. Among the major

sectors based on market capitalization � bank (0.7%), financial institutions

(0.3%), food (0.6%) and textile (1.5%) sectors achieved price appreciation

while especially in telecom (-0.4%) and fuel & power (-0.1%) sectors

witnessed correction, according to a market operator, International Leasing

Securities.

It added the investors' activity was mostly centered on engineering

(18.1%), bank (15.4%) and pharma (15.2%) sectors.

The top 10 gainers were Yeakin Polymar, National Tubes, Mozaffar Hossain

Spinning, Al-haj Tex, Shurwid Industries, Quashem Industries, Green Delta

Insurance, Coppertech Industries, Silva Pharma and Hakkani Pulp.

Brac Bank topped the turnover chart followed by National Tubes, VFS

Thread, Sonarbangla Insurance, Shurwid Industries, Square Pharma, Silva

Pharma, Standard Ceramics, Coppertech Industries and Fortune Shoes.

The top 10 losers were Meghna Petroliam, Emerald Oil, CAN Tex, Popular

Life Insurance, Apolo Ishpat, Family Tex, Generation Next, Matin Spinning,

Selvo Chemical and Mercantile Bank First Mutual Fund.

On the other hand, the port city bourse, Chittagong Stock Exchange (CSE)

also closed in green from the downfall of the previous day.

CSCX and CASPI also went up by 32.86 points and 55.17 points to stand at

8678.07 points and 14280.62 points respectively.

At CSE, a total of 5,548,095 shares and mutual fund of 260 companies were

traded, of which 138 issues advanced while 86 declined and 36 issues remained

unchanged.

Source: Bangladesh Sangbad Sangstha (BSS)