DSE sees topsy-turvy trading session


FE Report | Published: December 09, 2014 00:00:00 | Updated: November 30, 2026 06:01:00



The stock market ended flat in green Monday after passing a topsy-turvy trading session with turnover improved slightly as investors remained watchful on overall market movements.
Reversing last two sessions' downbeat, market started moving upward at initial hour but settled with a flat ending, eventually. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,930.82 points, gaining only 0.45 points.
The DSE Shariah Index went up by 0.53 points or 0.04 per cent to close at 1,152.39 points. However, the DS30, comprising blue chips shed 2.24 points or 0.12 per cent to close at 1,820.13 points.
The total turnover on DSE improved to Tk 4.26 billion, registering an increase of 11.22 per cent over the previous session's value of Tk 3.83 billion.
The investors' attention was mostly focused on pharma, textile and engineering - the sectors that accounted for 16.48 per cent, 16.25 per cent and 12.45 per cent of the day's total turnover respectively.
"Market participation remained lackluster on past few sessions as investors are watching over market outlook," said LankaBangla Securities in an analysis.
Seems like market went for consolidation to test the 5,000-level before making a move from current level, said the stock broker.
IDLC Investments said that as investors' confidence couldn't solidify, the day's market movements were rather unsure.
"The investors remained watchful on overall market movements and continued pursuing cautiousness in portfolio re-balancing," said the merchant bank
However, a couple of block trades added some participation, settling total turnover above Tk 4.0 billion level.
"The market endured a marginally flat session amidst the increasing activities from the investors," said International Leasing Securities.
Quarterly earnings declarations from a few companies failed to grab the considerable attention as the investors remained indecisive, said the International Leasing.
"With the rising turnover, this consolidation gives a strong indication of trend reversal. Also, the amount of block transactions at the last 20 minutes was noticeable," commented Sheltech Brokerage.
Cement sector lost the most with all its issues closing in red. The cement sector lost 1.09 per cent as the sector heavy-weight Lafarge Surma went down by 1.22 per cent alone. Fuel and power lost 0.24 per cent.
Marginal gains were observed across the other major sectors including telecommunication 0.63 per cent, pharmaceuticals 0.47 per cent, food and allied 0.43 per cent, NBFIs 0.30 per cent. Banks - the second largest market cap sector - gained 0.02 per cent with no significant movement.
The gainers took a lead over the losers as out of 304 issues traded, 160 advanced, 107 declined and 37 remained unchanged on the DSE floor.
Activities increased in the major bourse (DSE) where volume was up 3.74 per cent, but trade was down by 10.39 per cent. A total of 0.095 million trades were executed with trading volume of 108.52 million securities.
The total market capitalization of DSE stood at Tk 3,272.36 billion against Tk 3,268.17 billion in the previous session.
Beximco Pharma was the most traded stock with shares worth Tk 185.21 million changing hands followed by Summit Alliance Port, Hamid Fabrics, Keya Cosmetics and Quasem Drycells.
Quasem Drycells was the day's top gainer, posting a rise of 9.95 per cent while Alltex Industries was the worst loser, plunging by 9.69 per cent.
The port city bourse, Chittagong Stock Exchange (CSE) ended flat in positive with its Selective Categories Index - CSCX - gained 11.87 points to close at 9,273.59 points.
Losers beat gainers 95 to 90, with 35 issues remaining unchanged at the port city bourse that traded 10.25 million shares and mutual fund units, turnover value of Tk 322.50 million.
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