DSE leans on red, CSE mixed

DHAKA, Country's capital bourse, Dhaka Stock Exchange (DSE) leaned on the red zone after four days of winning streak as almost all the large cap sectors showed negative movements.

The core index, DSEX closed at 5,223.41 points with a loss of 4.08 points. Besides, the two selective indices � DSES and DS30- were also down marginally at 1204.49 by 0.25 points and 1841.67 by 3.87 points respectively.

But, the market turnover increased by 15 percent to stand at Taka 5.4 billion at the end of the session.

Investors' profit taking stance on large-cap stocks has driven down the index. Market started with positive vibe but did not sustain as investors took wait and see approach ahead of year-end dividend declarations, according to a market operator, EBL Securities.

All the large cap sectors showed negative movements except Fuel and Power. Fuel and Power exhibited the highest positive movement with 0.65 percent gain. Telecommunication exhibited the highest negative movement with 0.99 percent loss.

Investors' attention was mostly concentrated on Fuel and Power (19.3%), Pharmaceuticals and Chemicals (17.7%) and Engineering (11.6%) sectors.

At DSE, a total number of 135,661 trades were executed in today's trading session with a trading volume of 156.78 million securities.

At the end of the day, 123 securities gained price while 194 declined and 37 remained unchanged.

The top ten gainers were RAK Ceramics, Generation Next Fashion, Yeakin Polymar, Familytex, Standard Ceramic, Appolo Ispat, Khan Brothers PP Woven Bag, Central Pharmaceuticals, Anwar Galvanizing and Mozaffar Hossain Spinning Mills.

United Power topped the turnover list followed by Orion Infusion, Fortune Shoes, JMI Syringes and Medical, BSC and Monno Ceramic.

The top ten losers were SEML FBLSL Growth Fund, Emerald Oil, First Finance limited, Zeal Bangla Sugar Mills, Prime Finance and Investment, Coppertech Industries, ICB AMCL First Agrani Bank Mutual Fund, Phoenix Finance, Heidelberg Cement and ACI.

On the other hand, the port city bourse, Chittagong Stock Exchange (CSE) closed in mixed zone today.

CSCX decreased by 3.4 points and CASPI increased by 1.3 points today to reach at 9699.45 points and 15977.83 points.

At CSE, a total of 9,378,782 shares and mutual fund of 259 companies were traded, of which 107 issues advanced while 121 declined and 31 remained unchanged.

Source: Bangladesh Sangbad Sangstha (BSS)