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DSE ends on upbeat in seesaw trade

  • Published at 10:51 pm February 26th, 2017
DSE ends on upbeat in seesaw trade
From the beginning of the trading session, index moved around 5,635 level while moving upward during the mid-session reaching ultimately 5,655 points. The sudden upward movement was, however, immediately consolidated by sharp downward movement, with index closing at 5,635 points level. DSEX, the benchmark index, gained by 10 points to end at 5,635 points while DS30, the blue chip index, ended flat in the green at 2,037 points. While the DSE Shariah-based index gained by 3 points, ending at 1,312 points. Among the traded issues, 126 advanced, 160 declined and 42 remained unchanged. The day’s turnover stood at Tk1,393 crore, which was 4.5% higher than the previous session’s value of Tk1,333 crore. Banks, IT Sector, and Life Insurance were the top gainers while Fuel and Power, Miscellaneous and Ceramic sectors were the top losers. During the trading hours, large cap sectors showed mixed performance. Among the major sectors, Bank and Food and Allied were in the positive territory by posting 1.81% and 0.28% rise respectively. Fuel down by 1.42% was the highest loser followed by Engineering 0.84%, NBFIs 0.75% and Telecommunications 0.68% while Pharmaceuticals ended flat.