FE Report
Dhaka stocks Sunday ended the session with a marginal loss as the major sectors failed to contribute significantly.
The day's turnover, however, remained steady with a fair volume of participation.
Market opened the week on Dhaka Stock Exchange (DSE) with a positive note gaining about 30 points in the first 45 minutes of the session. However, the market could not sustain the positive movement and closed in red.
The benchmark index DSEX shed 0.41 per cent or 20.56 points to close at 4963.90 points. The other two indices DSE Shahriah Index (DSES) and DS30 also closed in red by losing 0.66 per cent and 0.40 per cent respectively.
At the end of the day's session, the turnover value stood at Tk 7.53 billion, which was up by 8.4 than the value observed in previous session.
The market insiders said the market moved into red zone following a sell pressure observed from the participants.
Among 303 traded issues, 113 advanced, 156 declined and the remaining 34 remained unchanged.
Among the major sectors, the NBFIs witnessed the highest loss of 1.07 per cent whereas the Telecommunications and Pharmaceuticals went down by 0.74 per cent and 0.25 per cent respectively.
DESCO was the most traded stock, which went up by 9.6 per cent, of the session with a turnover worth Tk 687.0 million.
Among other sectors which contributed in Sunday's session, Power registered a gain of 1.06 per cent, Food & Allied 0.41 per cent and Banks 0.09 per cent.
The chart of day's top ten gainers included Sonali Ansh, Kohinoor Chemicals, Western Marine Shipyard, Anwar Galvanizing, Pharma Aids, Ambee Pharma, Shahjibazar Power Company, Wata Chemicals, Jamuna Oil and Samorita Hospital.
Orion Infusion topped the chart of top ten losers with a loss of 13.20 per cent.
On the port city bourse-Chittagong Stock Exchange-the benchmark index CASPI shed 42.60 points to close at 15336.18 points.
Among 218 traded issues, 75 advanced, 128 declined and the remaining 15 remained unchanged.
At the end of the day's trading session, the turnover value stood at 515.29 million on the CSE.
On Sunday some corporate declarations were posted on the website of the premier bourse-- DSE.
The Board of Directors of Kohinoor Chemicals has recommended 25 per cent stock dividend for the year ended on June 30, 2014.
The board of directors of Orion Infusion has recommended 15 per cent cash dividend for the year ended on June 30, 2014.
mufazzal.fe@gmail.com
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