Stocks rebounded on Monday, after single-day break, as some optimistic investors took position on sector-wise issues, particularly banking sector.
Market analysts said stocks backed to the green as some investors showed their buying appetite on bank shares on lucrative price level.
The market opened on positive note and the upward trend continued till the end of the session with no sign of reversal.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,755, advancing 41.52 points or 0.72 per cent over the previous day.
Two other indices also ended higher. The DS30 index, comprising blue chips, advanced 19.96 points to finish at 2016 and the DSES (Shariah) index gained 7.38 points to settle at 1,319.
A total number of 141,062 trades were executed in the day’s trading session with trading volume of 130.24 million shares and mutual fund units.
The market-cap of the DSE increased to Tk 4,168 billion, from Tk 4,141 billion in the previous day.
The losers, however, took a modest lead over the gainers, as out of 345 issues traded, 166 closed lower, 137 ended higher and 42 remained unchanged on the DSE trading floor.
Square Pharmaceuticals topped the day’s turnover with 1.64 million shares worth Tk 450 million changing hands, closely followed by Monno Ceramic, Khulna Power, Bangladesh Submarine Cable Company and Grameenphone.
ICB AMCL Second Mutual Fund was the day’s best performer, posting a 7.22 per cent gain while Imam Button was the worst loser, plunging by 9.18 per cent.
The port city bourse Chittagong Stock Exchange also backed to the green with the CSE All Share Price Index – CASPI – gaining 82 points to settle at 17,593 while the Selective Categories Index – CSCX –advancing 53 points to finish at 10,654.
Here too, the losers beat the gainers as 135 issues closed lower, 81 ended higher and 38 remained unchanged.
The port city bourse traded 5.45 million shares and mutual fund units worth Tk 229 million in turnover.
