The Dhaka bourse Wednesday closed marginally higher, featuring highest record in broad index and market capitalisation.
On the day, the market started positively and shortly afterwards it witnessed some correction as investors opted to bag profits on the Dhaka Stock Exchange (DSE).
Soon later, the DSE broad index DSEX bounced back as investors took position on sector specific stocks.
At the end of the session, the DSEX closed at 5,782 points, which was the highest mark after introduction of the index, with a rise of 0.38 per cent or 22 points.
The market capitalisation featured the highest ever value of above Tk 3.88 trillion on the premier bourse DSE.
The shariah-based index DSES gained 0.26 per cent or 3.46 points to close at 1,317.61, while the blue chip index DS30 went up by 0.29 per cent or 6.34 points to close at 2,120.77.
According to EBL Securities, the premier bourse continued its upward trend following investors' increased participation on most of the stocks.
"Banking sector was investors' number one choice while fuel & power and food & allied sectors were also in investors' concentration," said the EBL Securities.      
Of 329 issues traded, 148 advanced, 136 declined and 45 were unchanged on the premier bourse DSE.
At the end of the session, the turnover stood at above Tk 11.64 billion which was 4.80 per cent less than the turnover of the previous session.
`A' category companies featured a turnover of above Tk 10.03 billion, while `B' category companies featured Tk 571 million, `N' category companies Tk 410 million and `Z' category companies Tk 208 million.
Among the gaining sectors, fuel & power sector rose 0.70 per cent, bank 0.5 per cent, general insurance 1.0 per cent, financial institutions 0.1 per cent, pharmaceuticals & chemicals 0.2 per cent and real estate 0.7 per cent.
Among the losing sectors, tannery declined 0.5 per cent, telecommunication 0.1 per cent, textile 0.6 per cent and travel & leisure 0.3 per cent.
Investors' participation was concentrated mostly in the shares of textile sector which captured 17.80 per cent of the market turnover followed by bank 14.30 per cent, financial institutions 11.90 per cent, fuel & power 11.90 per cent and pharmaceuticals & chemicals 11.30 per cent.
Baraka Power topped the turnover chart with a value of Tk 444 million followed by Keya Cosmetics Tk 331 million, LankaBangla Finance Tk 313 million, Paramount Textile Tk 277 million and Regent Textile Tk 272 million.
National Housing Finance and Investment was the number one gainer with a rise of 9.84 per cent to close at Tk 55.80, while Beach Hatchery was the worst loser after declining 7.5 per cent to close at Tk 18.50.
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Source: The Financial Express