Dhaka bourse on Wednesday closed marginally higher mainly riding on two major sectors--engineering and financial institutions.
On the day, the DSEX, DSE broad index of Dhaka Stock Exchange (DSE) displayed volatility following mixed performance of the large-cap companies.
After losing some points, the core index displayed upward trend during mid session following investors' increased participation in some major sectors.
The companies, which helped the turnover and core index to close marginally higher, include engineering, financial institutions and pharmaceuticals & chemicals.
At the end of the session, the DSEX settled at 4440.29 with a rise of 0.73 per cent or 32.18 points.
Of the large cap companies, the share price of Square Pharmaceuticals, British American Tobacco Bangladesh Company (BATBC) and BRAC Bank rose ranging from 1.56 per cent to 2.81 per cent.
On the other hand, the share price of Grameenphone and Renata declined by 0.66 per cent and 1.68 per cent respectively.
On Wednesday, the shariah based index DSES advanced 1.08 per cent or 10.98 points to close at 1018.62.
The DS30 index comprising blue chip securities closed at 1519.84 with a rise of 0.84 per cent or 12.70 points.
The DSE CDSET index settled at 911.84 points with a marginal rise of 6.88 points following mixed performance of the large cap companies.
Of 356 issues traded, 183 advanced, 126 declined and 47 were unchanged on the premier bourse DSE.
Of the listed multinational companies, the share price of Linde Bangladesh, RAK Ceramics, Bata Shoe, LafargeHolcim Bangladesh and Berger Paints advanced marginally.
On the other hand, the price of GlaxoSmithKline (GSK), Marico and Reckitt Benckiser declined marginally on the DSE.
On Wednesday, the DSE featured a turnover of Tk 4.38 billion which was 7.76 per cent higher than that of the previous session.
Of the major sectors based on market capitalisation, financial institutions witnessed 5.0 per cent price appreciation followed by fuel & power 1.3 per cent, engineering 1.2 per cent, and pharmaceuticals & chemicals 0.6 per cent.
The market capitalisation of telecommunication sector declined 1.0 per cent following the price correction witnessed by Grameenphone.
Investors were attracted by engineering sector which featured a turnover of Tk 713 million followed by textile 487 million, pharmaceuticals & chemicals 484 million, cement 383 million, and fuel & power Tk 361 million.
Of the top turnover leaders, LafargeHolcim Bangladesh posted a turnover of Tk 377 million followed by Square Pharmaceuticals Tk 208 million, Khulna Power Company Tk 158 million, Paramount Textiles Tk 138 million and Shurwid Industries Tk 129 million.
SEML IBBL Shariah Fund was the number one gainer with a rise of 10 per cent to close at Tk 6.60 each.
Northern Jute Manufacturing Company was the worst loser after declining 8.58 per cent to close at Tk 383.10 each.
On the Chittagong Stock Exchange (CSE), the benchmark index advanced 0.81 per cent or 109.89 points to close at 13534.03 points.
Of 242 issues traded, 133 advanced, 83 declined and 26 were unchanged and the turnover stood at above Tk 177.14 million on the CSE.
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