Stock markets remained flat in the past week as cautious investors opted for booking quick profit ahead of announcement of half-yearly monetary policy for this fiscal year.
The market witnessed volatility during the week as both sellers and buyers were active, pushing higher turnover.
The benchmark of Dhaka Stock Exchange, DSEX, rose almost 19 points or 0.5% to 4,695. With this rise, it gained 46 points in the two weeks.
The blue-chip comprising index DS30 was down 10 points or 0.6% to 1,761. The DSE Shariah Index, DSES, shed 8 points to 1,119.
The Chittagong Stock Exchange Selective Category Index, CSCX, closed at 8,737, moving up 52 points or 0.7%.
The average daily turnover on the DSE was Tk628 crore, up 16% over the previous week.
The most traded stocks were from engineering, fuel and power, and pharma sectors, which together accounted for nearly 50% of the week’s total turnover.
IDLC Investments said: “Short-term and event driven issues clicked investment motives throughout the week. So, flat-ends sustained with equal buying and selling strength.”
However, investors kept eyeing macroeconomic issues like World Bank’s reiteration of expectation of 6.5% growth in FY2015-16, concurring development of gradual pick up in private sector credit growth, said the merchant bank.