Dhaka, Bangladesh (BBN): After previous week’s sharp gain, the market closed flat with stable turnover value as profit-taking and rebalancing were core sentimental forces during the week.
The week witnessed five trading sessions as usual. Among those, three sessions saw upward trend, while remaining two sessions witnessed downward trend.
Week-on-week the General Index of the Dhaka Stock Exchange (DGEN) slipped only 1.08 points, giving up 0.03 per cent to close at 4,299.66 points.
The other two indices, however, ended green — the DSEX went up by 51.68 points or 1.28 per cent to close at 4,079.80, while the blue chip index DS30 rose 4.86 points or 0.32 per cent to close at 1,505.59.
The port city bourse — the Chittagong Stock Exchange (CSE) ended higher last week with the Selective Category Index of the CSE gaining 102.15 points or 1.28 cent to close at 8,029.48.
The total market turnover in the week stood at Tk 28.96 billion, with Tk 7.52 billion worth of turnover coming from a single day as on 12th June 2013. The week’s total DSE turnover value was 1.07 per cent lower than the last week’s total value.
The daily average turnover for the week declined slightly to Tk 5.79 billion compared to Tk 5.85 billion in the last week.
Out of 292 issues traded during the week at the premier bourse, 169 advanced, 107 declined and 16 remained unchanged.
The market capitalisation of the DSE went up slightly by 0.48 per cent as it BDT 2,472.08 billion at the opening day and at the end week it stood at BDT 2,484.59 billion.
Unique Hotel and Resorts was the week’s most traded stocks with shares worth Tk 1.51 billion changed hands followed by BSCCL, Summit Purbanchol Power Company, United Airways and Meghna Petroleum.
National Housing Finance and Investments was the week’s highest gainer posting a rise of 45.45per cent while Sandhani Life Insurance was the week’s worst losers.
BBN/BB/AD/15June-13-112.20pm (BST).
