Dhaka stocks trade mixed
FE Report | Saturday, 7 June 2008
Stock prices on the Dhaka Stock Exchange (DSE) remained mixed with the blue chip companies gaining 1.55 per cent in the week that ended Thursday against the previous week's bullish trend.
The prime bourse of the country was in a gaining streak in every session of the week except in the second session when the benchmark DSE General Index (DGEN) plummeted 88.86 points, the year's lowest single day drop, due to share price adjustment of AB Bank.
The DGEN and the All Shares Price Index slid 13.80 points and 8.07 points in the week to close at 3,154.19 and 2,674.82 respectively.
However, the DSE-20 (DS20) index comprising blue chips gained 39.35 points to end at 2580.08.
The benchmark DGEN crossed the 3200-mark for the first time Sunday, the opening session of the week, due to price rise of banking shares that remained unattractive for long.
The daily average turnover slightly declined 0.84 per cent to Tk 4.32 billion from the previous week's record high of Tk 4.36 billion. The total market capitalisation also declined slightly 0.21 per cent to Tk 880.05 billion against the previous Tk 881.94 billion.
Share prices of the Beximco posted the highest gain of 52.30 per cent.
Global Insurance was the second top gainer with 46.98 per cent rise in its share price, followed by Rose Heaven Ball Pen with 42.31 per cent, Paper Processing 39.39 per cent, Asia Pacific General Insurance 34.29 per cent, Phoenix Insurance 33.47 per cent, Metro Spinning 33.33 per cent, Karnaphuli Insurance 33.8 per cent, Rangpur Foundry 33.07 per cent and Shinepukur Holdings 26.13 per cent.
The AIMS First Mutual Fund, accounting for 4.72 per cent of the total transaction of the week, was the top turnover leader for the second consecutive week with shares worth Tk 1.02 billion traded.
Accounting for 3.42 per cent of the total weekly transaction, Square Pharma was the second top turnover leader with shares worth Tk 740.72 million changing hands and AB Bank bagged the third position with shares worth Tk 633.78 million traded.
Other next turnover leaders were LankaBangla Finance, Grameen Mutual One, BRAC Bank, Beximco Pharma, S Alam Cold Rolled Steels Limited, Union Capital and IPDC.
The prime bourse of the country was in a gaining streak in every session of the week except in the second session when the benchmark DSE General Index (DGEN) plummeted 88.86 points, the year's lowest single day drop, due to share price adjustment of AB Bank.
The DGEN and the All Shares Price Index slid 13.80 points and 8.07 points in the week to close at 3,154.19 and 2,674.82 respectively.
However, the DSE-20 (DS20) index comprising blue chips gained 39.35 points to end at 2580.08.
The benchmark DGEN crossed the 3200-mark for the first time Sunday, the opening session of the week, due to price rise of banking shares that remained unattractive for long.
The daily average turnover slightly declined 0.84 per cent to Tk 4.32 billion from the previous week's record high of Tk 4.36 billion. The total market capitalisation also declined slightly 0.21 per cent to Tk 880.05 billion against the previous Tk 881.94 billion.
Share prices of the Beximco posted the highest gain of 52.30 per cent.
Global Insurance was the second top gainer with 46.98 per cent rise in its share price, followed by Rose Heaven Ball Pen with 42.31 per cent, Paper Processing 39.39 per cent, Asia Pacific General Insurance 34.29 per cent, Phoenix Insurance 33.47 per cent, Metro Spinning 33.33 per cent, Karnaphuli Insurance 33.8 per cent, Rangpur Foundry 33.07 per cent and Shinepukur Holdings 26.13 per cent.
The AIMS First Mutual Fund, accounting for 4.72 per cent of the total transaction of the week, was the top turnover leader for the second consecutive week with shares worth Tk 1.02 billion traded.
Accounting for 3.42 per cent of the total weekly transaction, Square Pharma was the second top turnover leader with shares worth Tk 740.72 million changing hands and AB Bank bagged the third position with shares worth Tk 633.78 million traded.
Other next turnover leaders were LankaBangla Finance, Grameen Mutual One, BRAC Bank, Beximco Pharma, S Alam Cold Rolled Steels Limited, Union Capital and IPDC.