The broad index of Dhaka bourse on Monday closed marginally higher following mixed performance displayed by the major sectors.
On the day, the turnover declined marginally amid daylong volatility in trading on the Dhaka Stock Exchange (DSE).
The market opened positively and the broad index gained 35 points within two and half an hour of the session amid ups and downs.
Later, the DSE broad index, DSEX, lost some points and finally closed the session with a marginal gain.
At the end of the session, the DSEX closed at 5,446.40 points with a gain of 0.20 per cent or 11.39 points.
"This upward shift in the index is mainly driven by significant positive changes in the financial stocks," said the LankaBangla Securities.
Market insiders said the outcome of the regulatory measures taken to prop up the market would be visible gradually.
The state-rum Investment Corporation of Bangladesh (ICB) recently got the regulatory approval to raise a capital of Tk 20 billion through issuing subordinated bond.
As per the condition set by the securities regulator on Thursday, the ICB will have to invest Tk 15 billion in listed securities.
On Sunday, The shariah based index DSES declined 0.25 per cent or 3.22 points to close at 1,262.52.
And the DS30 index comprising blue chip securities shed 0.14 per cent or 2.83 points to close at 1,922.92 points.
"The broad index remained positive as optimistic behaviour from the investors sustained and they kept buying fresh stocks to rebalance their portfolios," said a market review of EBL Securities.
Of 335 issues traded, 138 advanced, 144 declined and 53 were unchanged on the DSE.
On Sunday, the turnover stood at Tk 5.76 billion, which was 10.59 per cent less than the turnover of the previous session.
Of the major sectors, bank advanced 1.6 per cent, financial institutions 1.6 per cent and textile 0.3 per cent.
Of the declining sectors, engineering declined 0.8 per cent, fuel & power 1.0 per cent, tannery 1.0 per cent, miscellaneous 1.1 per cent and telecommunication 0.2 per cent.
Investors' participation concentrated mostly on fuel and power sector, grabbing 27.1 per cent of the market turnover, followed by textile 19.3 per cent, bank 11.3 per cent and engineering 9.4 per cent.
Summit Power topped the turnover chart with a value of Tk 714 million, followed by Khulna Power Company Tk 521 million, Shasha Denims Tk 212 million, United Power Generation and Distribution Company Tk 188 million and Dragon Sweater and Spinning Tk 185 million.
Silva Pharmaceuticals was the number one gainer of the day, posting a rise of 10 per cent or Tk 2.9 to close at Tk 31.90 each.
Meghna Pet Industries was the worst loser after declining 10 per cent or Tk 1.5 to close at Tk 13.50 each.
On the Chittagong Stock Exchange (CSE), the benchmark index (CASPI) closed at 16,801 points with a gain of 0.14 per cent or 23.77 points.
Of 231 issues traded, 103 advanced, 100 declined and 28 were unchanged.
At the end of Sunday's session, the turnover stood at Tk 222.17 million on the port city bourse CSE.
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