DSE registers flat session

DHAKA Country's premier bourse, Dhaka Stock

Exchange (DSE) today registered a flat session although the enthusiastic

investors demonstrated buying appetite.

Optimistic investors took position on sector specific stocks based on the

latest quarter financial performance and year-end dividend declarations.

The last hour buoyancy was observed mostly in food, textile, engineering,

and fuel and power sectors that helped the prime index to close almost same

over the last session.

The broad index, DSEX closed at 4682.90 points with a marginal loss of

0.30 points.

However, the turnover, another crucial indicator of the market, increased

to above Taka 4.0 billion after one month where Taka 0.47 billion was from

the block market.

The bank sector dominated the turnover board and grabbed 17.3% of the

day's turnover where Dutch Bangla topped the turnover list with 8.2% of total

turnover.

Besides, the two selective indices, DSE30 declined by 3.72 points while

the Shariah index, DSES increased by 3.34 points to settle at 1627.74 points

and 1075.48 points respectively.

On the DSE trading floor, a total number of 125,886 trades were executed

in today's trading session with a trading volume of 136.76 million

securities.

Gainers took a strong lead over the losers as out of 352 issues traded,

185 securities gained price while 126 declined and 41 remained unchanged.

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

based on market capitalization food(2.7%), textile (2.4%), engineering (0.2%)

and fuel and power (0.1%) sectors achieved price appreciation while telecom(-

0.6%), bank (-0.5%) and financial institutions (-1.5%) sectors witnessed

correction, according to a market operator, International Leasing Securities.

It added the investors' activity was mostly pinned upon bank (15.3%),

engineering (15.0%) and textile (14.3%) sectors.

The top 10 gainers were Mozaffar Hossain Spinning, Premier Leasing,

United Insurance, National Tubes, Shurwid Industries, CAPM IBBL Mutual Fund,

SIMTEX, SEML FBSL Lecture Equity, SEML FBSL Growth Fund and SEML IBBL Shariah

Fund.

National Tubes topped the turnover chart followed by Sonarbangla

Insurance, Northern Jute, Brac Bank, British American Tobacco, VFS Thread,

Stylecraft, Wata Chemical, Standard Ceramics and Premier Bank.

The top 10 losers were Golden Harvest, Northern Jute, Sonarbangla

Insurance, Mercantile Insurance, Shinepukur Ceramics, ICB Islami Bank, Savar

Refractories, Tosrifa Industries, Dulamia Cotton and IDLC.

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

closed in red from the winning streak of previous day.

CSCX and CASPI went down by 35.79 points and 54.93 points to stand at

8646.11 points and 14221.78 points respectively.

At CSE, a total of 8,919,759 shares and mutual fund of 260 companies were

traded, of which 132 issues advanced while 106 declined and 22 issues

remained unchanged.

Source: Bangladesh Sangbad Sangstha (BSS)