The premier bourse returned to green zone on Thursday, breaking a losing streak that wiped 146 points off its benchmark index in the previous five successive sessions.
But the turnover dipped down below Tk 4.0 billion-mark amid lower participation of investors in share trading.
The day saw most of the major sectors decline, but banking, pharmaceuticals and chemicals and telecommunications sectors helped the broad index to close marginally higher on the Dhaka Stock Exchange (DSE).
At the end of the session, the DSE prime index-DSEX-settled 0.11 per cent or 6.87 points higher at 6179.32.
The Shariah-based index-DSES-also gained 0.25 per cent or 3.58 points to close at 1391.54, while the blue-chip index DS30 finished at 2260.24 points.
The prime index bounced back amid volatile trading, said International Leasing Securities in an analysis.
"In the first half of the trading session, investors exhibited pessimism, while the second half was full of sanguinity as the investors took position at the lucrative price levels," it said.
Opportunist investors showed their buying interests in large-cap stocks, especially from telecoms, pharmaceuticals and food sectors, it added.
"Some investors also opted to liquidate their position from financial institutions, fuel and power and engineering sectors."
Of 334 issues traded, 107 advanced, 165 declined and 62 remained unchanged on the DSE.
The turnover stood at over Tk 3.81 billion, down 13.21 per cent from the previous session.
Of the best performers, banking sector rose 0.1 per cent, pharmaceuticals and chemicals 0.4 per cent and telecommunications 0.9 per cent.
Of the losing sectors, engineering sector declined 0.3 per cent, fuel and power 0.4 per cent, mutual fund 0.3 per cent and textile 0.2 per cent.
Investors' participation was concentrated mostly on engineering sector which accounted for 19.4 per cent of the market turnover, followed by banking sector (17.2 per cent), pharmaceuticals and chemicals (15.1 per cent) and textiles (12.8 per cent).
Square Pharmaceuticals topped the gainers' chart with a value of Tk 239 million, followed by IFAD Autos (Tk 199 million), Paramount Textile (Tk 133 million), aamra networks (Tk 121 million) and National Tubes (Tk 100 million).
Information Services Network became the top gainer advancing 7.91 per cent to close at Tk 23.10, while Alif Industries was the biggest loser as it fell 4.72 per cent to close at Tk 119.10.
Meanwhile, the indices of Chittagong Stock Exchange (CSE) declined marginally amid volatility throughout the session.
At the end of the session, the benchmark index-CASPI-closed at 19098 points, down 0.47 points from the previous session.
Of 234 issues traded, 69 advanced, 126 declined and 39 remained unchanged, while the turnover stood at over Tk 209 million on the CSE.
© 2024 - All Rights with The Financial Express
