Bourses finished marginally higher for the second day in a row on Wednesday amid volatile trading as some investors continued on buying mood.
However, majority of investors remained followed cautious stance amid ongoing liquidity crisis coupled with fresh concern over the final selection of major bourse’s strategic partner.
The market opened downturn and the key index of the major bourse fell more than 21 points within first 30 minutes of trading, but rest of the session went up amid modest volatility, finally DSEX ended 6.51 points higher.
DSEX, prime index of Dhaka Stock Exchange (DSE), settled at 5,805, advancing 6.51 points or 0.11 per cent over the previous day.
Two other indices of the premier bourse also edged higher. The DS30 index, comprising blue chips, advanced 5.20 points or 0.24 per cent to finish at 2,146 and DSES (Shariah) index gained 4.87 points or 0.36 per cent to close at 1,361.
Trading activities remained low amid persistent liquidity shortage and the total amounted to Tk 3.90 billion, which was 21 per cent higher over the previous day’s Tk 3.22 billion.
The losers took a modest lead over the gainers as out of 335 issues traded, 150 closed lower, 131 closed higher and 54 remained unchanged on the DSE trading floor.
A total number of 93,655 trades were executed in the day’s trading session with trading volume of 93.92 million securities
The market capilatisation of DSE stood at Tk 4,044 billion which was Tk 4,028 billion in the previous session.
IFAD Autos topped the DSE turnover chart with shares worth Tk 157 million changing hands, closely followed by LankaBangla Finance, Lafarge Surma Cement, Square Pharmaceuticals and Al-Arafah Islami Bank.
However, the port city bourse CSE returned to the red with its CSE All Share Price Index – CAPSI- losing 16 points to settle at 17,726 and selective Categories Index - CSCX –losing 10 points to finish at 10,819.
Here too, the losers beat the gainers as 113 issues closed lower, 77 lower and 37 remained unchanged on the CSE.
The port city bourse traded 6.94 million shares and mutual fund units worth more than Tk 280 million in turnover.
