Dhaka bourse closed the Monday's session with a marginal rise in broad index although turnover value declined moderately following day-long volatility amid investors' watchful stance.
After Sunday's correction, Dhaka Stock Exchange (DSE) saw more correction at the very beginning of the day's session and the DSE broad index-DSEX-went down 31 points within six minutes.
Soon later, the DSEX offset the initial loss but immediately afterwards the upward trend failed to sustain.
Finally the benchmark index closed marginally higher amid lower turnover compared to previous session.
At the end of the session, the DSEX settled at 7218.05 with a rise of 0.22 per cent or 15.96 points.
The shariah based index DSES advanced 0.18 per cent or 2.86 points to close at 1578.82.
DS30 index comprising blue chip securities went down 0.11 per cent or 2.95 points to close at 2635.15.
Of 375 issues traded, 189 advanced, 143 declined and 43 were unchanged.
On Monday, three large cap companies such as Investment Corporation of Bangladesh, Walton Hi-Tech Industries and Berger Paints Bangladesh witnessed major price correction.
"The price appreciation observed in bank, food & allied and fuel & power sectors helped the market to spur in indices," said the International Leasing Securities.
The premier bourse DSE on Monday posted a turnover of above Tk 20.40 billion which was 24.66 per cent less than the turnover value of the previous session.
Of total turnover, Tk 354 million came from transactions executed in block board of the premier bourse.
Of major sectors which saw price correction, engineering declined 3.7 per cent, financial institution 3.3 per cent, pharmaceuticals & chemicals 0.5 per cent and telecommunication 0.4 per cent.
Of the sectors which witnessed price appreciation, bank advanced 1.1 per cent, textile 2.4 per cent, fuel & power 0.2 per cent, and services & real estate 2.6 per cent.
Investors' participation was concentrated mostly on pharmaceuticals & chemicals sector which grabbed 11.6 per cent of market turnover followed by engineering 10.4 per cent, miscellaneous 10.2 per cent, bank 9.9 per cent, and fuel & power 8.6 per cent.
Beximco topped the scrip-wise turnover chart with a value of Tk 1.49 billion followed by Beximco Pharmaceuticals Tk 642 million, National Housing Finance and Investments Tk 595 million, NRB Commercial Bank Tk 483 million and British American Tobacco Bangladesh Company (BATBC) Tk 385 million.
Metro Spinning was the number one gainer with a rise of 9.92 per cent to close at Tk 29.90 each.
The ICB was the worst loser after declining 8.66 per cent to close at Tk 129.70 each.
CASPI, benchmark index of Chittagong Stock Exchange (CSE), advanced 0.21 per cent or 44.72 points to close at 21029.
Of 323 issues traded, 164 advanced, 132 declined and 27 were unchanged and the port-city bourse CSE posted a turnover of Tk 674.35 million on Monday.
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