On Sunday, for a fourth consecutive session, the market expanded the rally with growing turnover worth, as institutional investors placed fresh funds on major sector stocks.
After two hours of trading, the market key index climbed about 58 points. But unfortunately, the late-hour sale stress brushed out most of the early gains, eventually concluding over 20 points high.
The premium index of the Dhaka Stock Exchange, DSEX, settled at 6,683 and went up by 20.87 points or 0.31 percent. In the last four sessions, DSEX added 201 points.
Turnover ascended to almost one month and rose further by 19 percent over the previous day’s mark of Tk 7.54 billion. And the total turnover amounted to Tk 8.95 billion on the country’s exclusive bourse.
The stock market regulator recently permitted the Investment Corporation of Bangladesh (ICB) to finance more in blue-chip stocks. The DSE30 Index is comprised of blue chips finished at 2,486. Yet, the DSE Shariah Index (DSES) slipped to 3.08 points.
Total 380 issues were traded within which 142 declined and 200 advanced but 39 remained unchanged.
While the Samorita Hospital was the day’s poorest loser, Union Insurance was the day’s top gainer with around 9.85 per cent gain.