Dhaka bourse continues its gaining streak | The Daily Star
12:00 AM, July 17, 2017 / LAST MODIFIED: 12:16 AM, July 17, 2017

Dhaka bourse continues its gaining streak

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The Dhaka Stock Exchange continued its gaining streak in the first session of the week thanks to keen participation of investors.

DSEX, the benchmark general index of the DSE, gained 9.85 points, or 0.16 percent, to close at 5,844 points yesterday.

Turnover, a major gauge of the market, increased 25.2 percent from the previous session to Tk 1,263 crore on the back of encouraging investor participation, IDLC Asset Management said in its daily market analysis.

Ifad Autos dominated the turnover chart with its transaction of 51.12 lakh shares worth Tk 73.43 crore, followed by Confidence Cement, Keya Cosmetics and Doreen Power respectively.

Keya Cosmetics maintained its elevated position of the past two weeks in the turnover chart despite having no price sensitive information. 

The textile sector maintained its lead in the turnover chart, propelled by encouraging trades of Generation Next, Dragon Sweater and Simtex Industries, the analysis added.

At the DSE, 13 out of 20 sectors registered positive price movements.

Among the major sectors, telecom gained 1.59 percent, followed by food and allied at 1.29 percent, and engineering 1.19 percent.

Of the traded issues, 156 advanced, 142 declined and 32 remained unchanged on the premier bourse.

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