Staff Correspondent
Dhaka stocks gained on Sunday in volatile trading despite the downtrend at the market persisting for the last four weeks.
The general index of Dhaka Stock Exchange gained 12.20 points, or 0.46 per cent, to close at 2661.69, while its blue chips index, DSE20, advanced by 12.97 points, or 0.60 per cent, to finish at 2188.08.
M Habibur Rahman, a small investor, said the market saw a sort of buying spree. A section of investors also chased shares of low-profile securities on various rumours and speculations, he said. ‘However, it appears to me that the market remained downbeat as institutional and big individual investors stayed on the sidelines adopting a “wait-and-see” policy,’ Habib added.
Of the total 256 issues traded, 135 advanced, 115 declined, and six remained unchanged.
Turnover at the DSE, however, decreased to Tk 240.68 crore from the Thursday’s Tk 297.59 crore.
Beximco Pharmaceuticals topped the turnover leaders with a total transaction of Tk 17.49 crore.
Shinepukur Ceramics, Beximco, Lafarge Surma Cement, Summit Power, Aftab Automobiles, Eastern Housing, LankaBangla Finance, Titas Gas, and S Alam Cold Rolled Steels were the rest of the top 10 turnover leaders.
Chittagong stocks also gained on Sunday.
The selective categories index of Chittagong Stock Exchange gained 16.60 points, or 0.31 per cent, to close at 5298.79, while its blue chips index, CSE30, advanced by 33.15 points, or 0.48 per cent, to finish at 6889.03.
Of the total 161 issues traded on the CSE floor, 79 posted gains, 79 dropped, and three remained unchanged.
Turnover at the CSE, however, went down to Tk 29.49 crore from the Thursday’s Tk 49.38 crore.
Courtesy: newagebd.com
