Dhaka stocks enter into positive territory

Last updated: February 10, 2012
Dhaka, Bangladesh (BBN) - The Dhaka Stock Exchange (DSE) come to positive territory this week that ended on Thursday, snapping the fourth straight week of losing streak.
The week witnessed four trading sessions instead of five as Sunday was public holiday on the occasion of Holy EID E-Miladunnabi. Among them two sessions gained strongly and two sessions lost.
 
In the week, the DSE General Index (DGEN), the yardstick of the market went up by 165.14 points or 4.29 percent to close at 4,010.80.
 
The broader All Shares Price Index (DSI) surged 133.61 points or 4.13 percent to close at 3,368.97. The DSE-20 Index comprising blue-chip shares also advanced 215.89 points or 6.87 percent to close at 3,358.83.
 
Total turnover value fell 26.2 percent this week as there were four working days in the week instead of five. Total weekly turnover value stood at BDT 8.50 compared to BDT 11.51 billion last week.
 
Average daily turnover value stood at BDT 2.12 billion which was 7.72 per cent lower compared to BDT 2.30 billion in the previous week.
 
Among the major sectors banks, fuel and power and pharmaceuticals gained 5.95 percent, 6.38 percent and 1.24 percent respectively.
 
Non-banking financial institutions (NBFIs) and telecommunications sectors lost 0.27 percent and 0.58 percent respectively.
 
Grameenphone (GP) was the week’s topped turnover chart with shares worth BDT 786.92 million changing hands.
HR Textile was the highest gainer posting a rise of 17.15 percent while, DBBL was the week’s worst loser and lost 16.13 percent.
 
BBN/SSR/AD-10Feb12-6:50 pm (BST)  
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