Special Correspondent : DSEX, the key index of the Dhaka bourse, on Monday soared to a two-month high as increased investor participation spurred some invigorating market activity ahead of the Ramadan season, also supported by the gradual easing of interest rates in the money market.
The key index of the Dhaka Stock Exchange (DSE), advanced by 10.6 points or 0.2% to settle at 5,235 points, as against 5,224 points in the previous trading session. Meanwhile, market turnover also increased by 11.6% to Tk 544 crore as against Tk 487 crore in the previous session.
11 sectors out of 19 were the gainers, and 8 were on the losing side. Of the 395 scrips traded, 173 advanced, 153 declined, and 72 remained unchanged.
ORIONINFU topped the turnover chart. KTL was the top gainer, whereas KPPL was the top loser. In the block market, shares of Tk 15.7 crore were transacted, representing a turnover of 2.88%.
The SME index, DSMEX, decreased by 7.95 pts, and the market generated a Tk5.7 crore turnover, a 16% decrease from the previous session.
According to the Royal Capital Financial Portal, ISLAMIBANK and SQUARPHARMA contributed the most to the gains and bullish conditions dominated the market initially for a limited time but gradually lost momentum as the day continued.
Wednesday declined by 10.8 points to settle at 5,192 points as against 5,203 points in the previous trading session.
In its daily market commentary, the EBL Securities said that the . Investors continued their chase to take positions in the trendy scrips to capitalize on the market's current upbeat vibe.
The port city bourse, Chittagong Stock Exchange (CSE), also witnessed a positive session today. The Selective Categories Index (CSCX) and All Share Price Index (CASPI) increased by 39.0 points and 56.6 points, respectively.