Dhaka, Bangladesh (BBN) – Dhaka stocks gained slightly on Monday amid volatile trading throughout the session after sixth straight session of losing streak with lower turnover as liquidity crisis continued in the stock market.
The market opened with a positive mood in the morning as the DSE General Index (DGEN) – the market barometer gaining five points, but swung between positive and negative territories several times throughout the whole session and finally closed slightly higher.
The benchmark General Index of Dhaka Stock Exchange (DGEN) rose 3.14 points or 0.06 percent to close at 4,849.94 on the day.
Prices of most of the issues traded on day advanced. As out of 256 issues traded, 169 advanced, 65 declined while 22 remained unchanged.
Turnover value declined further and stood at BDT 1.98 billion against BDT 2.04 billion in the previous session.
Jamuna Oil topped the turnover chart worth BDT 71.07 million changing hands.
Sonali Ansh was the day’s top gainer posting a rise of 9.97 per cent while Modern Dyeing was the day’s worst loser and lost 9.65 per cent.
On Sunday, the market lost 85.49 points or 1.73 per cent to close at 4846.81 points and last six straight sessions DGEN shed 422 points.
BBN/SSI/BB-12Dec11-8:45 pm (BST)