DSE turnover crosses

Continued from page 9 "Turnover crossed Tk 15 billion mark after nearly two and half months which is a good sign for the gradually improving market ," he added. Another market analyst Salahuddin Ahmed Khan told the FE that although the market was getting stable day-by-day, prices of some issues were still high. He also urged the market regulator to monitor whether any party is involved in any foul play with small cap companies as it is easy to play with those companies' prices. Meanwhile, the market opened with a positive mode in the morning as the DGEN gained two points within ten minutes, but it went negative for a while. However, after that the DGEN began to rise and the momentum continued until the end of the trading session. Banking sector, the bellwether of the market, lost 2.19 per cent and out of 28 banks traded on the day, only three banks---Bank Asia, Islami Bank and Mutual Trust Bank gained. Among the other sectors, NBFIs sector gained 2.18 per cent, while parmaceuticals 3.21 per cent and fuel and power 2.97 per cent to keep the market up. Telecommunications and mutual funds closed flat and up by 0.11 per cent and 0.24 per cent respectivily. Among others, general insurance and life insurance gained 2.80 per cent and 4.87 per cent respectively on the day. Beximco Limited and Bextex Limited, the two company of the Beximco Group, topped the turnover list with shares worth Tk 1212.72 million and 788.88 million respectively changed hands on the day. The other turnover leaders were United Airways, Peoples Leasing, Titas Gas, Aftab Automobiles, Malek Spinning, Union Capital, Beximco Pharma and Golden Sons. Summit Alliance Port Limited was the day's top gainer posting 9.99 per cent rise followed by Meghna Condensed Milk, Rangpur Foundry, Fine Foods, GQ Ball Pen, Saiham Textile, Beach Hatchery, CMC Kamal, Fu-Wang Food and BD COM. First Lease Finance and Investent Limited was the biggest loser following its corporate declaration of 25 per cent stock dividend. British American Tobacco (BATBC) also lost 7.4 per cent following its record date for entitlement of cash dividend. The day's other losers included Rupali Insurance, Dutch-Bangla Bank Limited, United Airways, Phoenix Insurance, Asia Insurance, National Bank, Prime Bank and UCBL