Stocks edged higher amid volatility yesterday after a slight fall in previous session.
The rally was led mainly by bank, engineering, power and textile, which moved up marginally.
The benchmark index DSEX was marginally higher 9 points or 0.3% to 4,580.
The Shariah index DSES lost over 3 points to 1,112. The blue chip comprising index DS30 gained 5 points to 1,747.
The Chittagong Stock Exchange Selective Category Index CSCX closed at 8,559, rising 9 points.
Trading activities declined further as the DSE turnover was Tk318 crore, down more than 7% over the previous session.
Activities were heavily concentrated on pharmaceutical sector, accounting for 26.7% of the total turnover. Gainers and losers remained almost the same as out of 316 issues traded, 121 advanced, 141 declined and 316 remained unchanged.
All the major sectors including non-banking financial institutions, food and allied, pharma and cement decreased while bank, engineering, power and textile increased.
Lanka Bangla Securities said the market continued generating low volume though the index remained positive.
“Index is indicating a consolidation through its slim movement in past few days.”
Maksons Spinning plunged 21%, following its no dividend declaration and subsequent relegation to Z category.
Small caps like Jute Spinning, Sonali Ansh, Aziz Pipes were the highest gainers.
Beximco Pharmaceuticals topped the turnover list, followed by ACI, Square Pharmaceuticals and Beximco Limited.
