The stock market returned to the green Tuesday after remaining down in the last two sessions as opportunist investors took position on lucrative stocks defying prolonged political unrest in the country.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 30.93 points or 0.64 per cent to close at 4,800.40 points, after witnessing lacklustre trading.
The two other indices also ended in positive zone. The DS30 index, comprising blue chips gained 11.60 points or 0.65 per cent to close at 1,786.72 points. The DSE Shariah Index (DSES) advanced 4.03 points or 0.35 per cent to close at 1,136.51 points.
Trading at DSE remained sluggish and the total turnover came down to Tk 2.48 billion, registering a decline of 11.28 per cent over the over the previous session's value of Tk 2.80 billion.
Engineering sector again topped the turnover list while investors also took interest in pharma and power - the sectors that accounted for 12.2 per cent, 10.9 per cent and 10.4 per cent respectively of the day's total turnover.
"The market returned to the green after two session's heavy downfall in prices as opportunistic investors went for buying spree amid lucrative bargain opportunity fundamental stocks," said International Leasing Securities in an analysis.
"Price acceleration of major sectors like food and allied and banks fuelled the surged in indices," said the International Leasing.
However, market turnover fell below Tk 2.50 billion-mark due to the skittish sentiment about market outlook amid unrelenting political turbulence, the International Leasing added.
IDLC Investments: "After last session's downturn, market revived Tuesday despite continuing political stalemate".
However, this enthusiasm was not widely held among all the market participants as reflected in the downturn in daily turnover, said the merchant bank.
LankaBangla Securities: "After taking natural correction in last two trading sessions, index rebounded firm around 4,800-mark".
Among the major sectors only telecommunication closed lower losing 0.51 per cent. All the other large cap sectors gained.
Food and allied saw sharp gain, registering 2.39 per cent gain. Banks and NBFIs in the financial sector went up by 0.71 per cent and 0.74 per cent respectively.
Pharmaceuticals and cement also higher with gaining 0.68 per cent and 0.37 per cent while power closed flat in green with 0.05 per cent gain.
The gainers took a modest lead over the losers as out of 312 issues traded, 178 advanced, 83 declined and 51 remained unchanged on the DSE floor.
Activities decreased in the major bourse where volume and trade were down by 6.71 per cent and 15.44 per cent respectively. A total number of 0.075 million trades were executed with trading volume of 83.74 million securities.
The market capitalisation on DSE stood at Tk 3,225.27 billion against Tk 3,214.02 billion in the previous session.
Aamra Technologies was the most traded stock with shares worth Tk 126.84 million changing hands followed by Beximco, GP, IFAD Autos and Summit Alliance Port.
Exim Bank First Mutual Fund was the day's top gainer, positing a rise of 8.19 per cent while Imam Button was the day's worst loser, losing 10.27 per cent.
The port city bourse, Chittagong Stock Exchange (CSE) also ended in positive zone with its Selective Categories Index - CSCX - gained 54.38 points to close at 8,905.84 points.
Gainers beat losers 118 to 86, with 31 issues remaining unchanged at the port city bourse that traded 7.46 million shares and mutual fund units, turnover value of Tk 215.89 million.
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Stocks return to green amid thin trading
FE Report | Published: February 18, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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