The broad index of Dhaka bourse on Tuesday closed flat after day-long volatility amid investors' 'optimism'.
The DSEX, the broad index of the Dhaka Stock Exchange (DSE), managed to escape loss riding on bank and telecommunication sector issues.
But the turnover declined to the lowest value since May 31, 2018 following investors' thin participation.
Meanwhile, the securities regulator on Tuesday held a meeting with the market intermediaries to discuss the on-going market situation and market supportive measures.
At the meeting, which started before beginning of the day's session, they discussed, among others, on injection of proposed funds by the Investment Corporation of Bangladesh (ICB) and the shareholders of the premier bourse.
The market opened the Tuesday's session on a positive note but after 17 minutes, the DSEX exhibited a sharp fall that continued for an hour.
Later, the DSEX recovered the loss riding on two recovery stances observed during mid session and finally the core index closed flat.
At the end of the session, the DSEX settled at 5252.67 points with a rise of 0.01 per cent or 0.71 point.
The shariah-based index DSES rose 0.20 per cent or 2.45 points to close at 1211.95 points.
The DS30 index comprising blue chip securities went up by 0.24 per cent or 4.63 points to close at 1863.96 points.
Of 342 issues traded, 135 advanced, 154 declined and 53 were unchanged on the premier bourse.
According to International Leasing Securities, the Dhaka bourse started the session on a positive note as the enthusiastic investors exhibited an effort to drag the market from the bearish trend.
"The market closed in flat after a volatile session as the investors' state of mind oscillated between optimism and watchfulness in the current gloomy market," said the International Leasing Securities.
It also said the shaky investors liquidated their holdings in food, fuel & power, textile and engineering sectors which pushed down the market but the buyers' attention in Grameenphone helped the benchmark index to close in flat note.
At the end of the session, the turnover stood at above Tk 3.79 billion which was 12.84 per cent less than the turnover of the previous session.
Of the gaining sectors, bank advanced 0.1 per cent, cement 1.7 per cent, general insurance 0.1 per cent, Jute 6.2 per cent, tannery 0.2 per cent, and telecommunication 1.9 per cent.
Of the declining sectors, engineering lost 0.6 per cent, financial institutions 0.3 per cent, fuel & power 0.8 per cent, pharmaceuticals & chemicals 0.2 per cent, textile 0.7 per cent and travel & leisure 1.0 per cent.
Investors' participation was observed on mostly textile sector which grabbed 19 per cent of the market turnover followed by fuel & power 14.7 per cent, pharmaceuticals & chemicals 14.10 per cent, engineering 12 per cent and bank 11.90 per cent.
Delta Life Insurance Company topped the turnover chart with a value of Tk 366 million followed by Khulna Power Company Tk 186 million, Summit Power Tk 123 million, Grameenphone Tk 97 million and Dragon Sweater and Spinning Tk 96 million.
Delta Life Insurance Company was also the number one gainer with a rise of 7.88 per cent to close at Tk 123.10 each.
The IBN SINA Pharmaceutical Industry was the worst loser after declining 13.01 per cent to close at Tk 244.70 each.
On the Chittagong Stock Exchange (CSE), the benchmark index CASPI declined 0.28 per cent or 46.18 points to close at 16133.67 points.
The CSE30 index closed at 14377.57 points with a loss of 0.58 per cent or 85.03 points, while the CSE50 declined 0.05 per cent or 0.71 point to close at 1195.70 points.
Of 242 issues traded, 65 advanced, 138 declined and 39 were unchanged.
The turnover stood at above Tk 189.05 million on the port city bourse CSE.
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