POST TIME: 1 November, 2019 00:00 00 AM
Stocks register flat session
BSS, Dhaka

Stocks register flat session

Country’s premier bourse, Dhaka Stock Exchange (DSE) yesterday registered a flat session although the enthusiastic investors demonstrated buying appetite. Optimistic investors took position on sector specific stocks based on the latest quarter financial performance and year-end dividend declarations.

The last hour buoyancy was observed mostly in food, textile, engineering, and fuel and power sectors that helped the prime index to close almost same over the last session. The broad index, DSEX closed at 4682.90 points with a marginal loss of 0.30 point.

However, the turnover, another crucial indicator of the market, increased to above Taka 4.0 billion after one month where Tk 0.47 billion was from the block market. The bank sector dominated the turnover board and grabbed 17.3 per cent of the day’s turnover where Dutch Bangla topped the turnover list with 8.2 per cent of total turnover.

Besides, the two selective indices, DSE30 declined by 3.72 points while the Shariah index, DSES increased by 3.34 points to settle at 1627.74 points and 1075.48 points respectively. On the DSE trading floor, a total number of 125,886 trades were executed in today’s trading session with a trading volume of 136.76 million securities.

Gainers took a strong lead over the losers as out of 352 issues traded, 185 securities gained price while 126 declined and 41 remained unchanged. The top 10 gainers were Mozaffar Hossain Spinning, Premier Leasing, United Insurance, National Tubes, Shurwid Industries, CAPM IBBL Mutual Fund, SIMTEX, SEML FBSL Lecture Equity, SEML FBSL Growth Fund and SEML IBBL Shariah Fund.

National Tubes topped the turnover chart followed by Sonarbangla Insurance, Northern Jute, Brac Bank, British American Tobacco, VFS Thread, Stylecraft, Wata Chemical, Standard Ceramics and Premier Bank.

The top 10 losers were Golden Harvest, Northern Jute, Sonarbangla Insurance, Mercantile Insurance, Shinepukur Ceramics, ICB Islami Bank, Savar Refractories, Tosrifa Industries, Dulamia Cotton and IDLC.