The New Nation - Internet Edition

UNB, Dhaka

The Dhaka Stock Exchange (DSE) witnessed a steady growth on Wednesday after four days of consecutive fall, although most shares incurred losses during the day's trading.

Stockbrokers said investors turned their eyes on banking sector shares apparently to salvage the market from a fifth day's consecutive fall. The prices of shares fell across the board with banking sector shares dominating the gainers of the day. Of the total 243 issues traded, 59 gained, 178 incurred losses and six remained unchanged.

"It's a healthy trend that the investors turned their eyes on banking sector shares," said a stockbroker, adding that the banking sector shares have long been ignored.

Brokers said the daily turnover also increased gradually based on the SEC measure allowing enhanced margin loan.

The day's total turnover increased to Tk 2.49 billion from Tk 2.14 billion on Tuesday while market capitalization remained static at Tk 962 billion.

During the day's trading, the DSE General Index (DGEN) rose 5 points or 0.18 percent to close at 2,626 from 2,621 points on Tuesday while the All Shares Price Index (DSI) remained unchanged at 2,170 points.

The DSE-20 index of selective shares, however, shed 16 points or 0.71 percent to close at 2,196 points.

Beximco Pharma, Uttara Bank, Beximco, Brac Bank, Titas Gas, ACI, Social Investment Bank, Dutch-Bangla Bank, Square Pharma and AB Bank were the day's turnover leaders in terms of value.

The day's volume leaders were Beximco Pharma, AIMS 1st Mutual Fund, Beximco Textiles, Beximco, GRAMEENS2, Golden Son, Agni Systems Limited, Quasem Dry Cell, Fu-Wang Foods and Lankabangla Finance.