Stocks edged higher amid low volume of trade yesterday, breaking their seven-day losses.
The market opened higher in the morning but selling pressure in the final session erased some of the early gains.
The benchmark index DSEX rose marginally almost 7 points or 0.2% to 4,520, scaling back from its one-month low.
The Shariah index DSES witnessed fractional losses of 0.2 points to 1,090. The blue chip comprising index DS30 settled at 1,719, rising over 2 points.
The Chittagong Stock Exchange Selective Category Index CSCX was down 12 points to 8,399.
Investors’ appetite for shares of Regent Textile Mills Limited continued to lose since its debut trading day on Tuesday, sending its stock prices almost 9% down to Tk21 a share, which is well below from its offer value of Tk25 a share.
The stock was also the biggest loser for the second consecutive session.
Trading activities declined further and the DSE turnover came down below Tk300 crore.
It stood at Tk286 crore, down over 11.7% over the previous session.
Gainers and losers almost remained same as out of 318 issues traded, 131 advanced, 132 declined and 55 remained unchanged.
Cement sector suffered most falling more than 1% which is the highest loser in the session followed by non-banking financial institutions 0.8%.
All other sectors including pharmaceuticals, bank, engineering, telecommunications, pharmaceuticals and mutual fund closed flat.
Lanka Bangla Securities said after DSEX broke its support zone last week at 4,583, the falling of index continued during the first three trading sessions of this week as well.
However, it said in the last trading session, the index closed at slightly positive as it seems to have achieved support at 4,520 level.
Beximco Pharmaceuticals continued to become the most-traded stocks for the second consecutive day, with its shares worth Tk19.7 crore changing hands.
It was followed by Qusem Drycell, Sqaure Pharmaceuticals, Lafarge Surma Cement, Regent Textile and SAIF Powertec.