Dhaka stocks continued to gain yesterday for the fourth consecutive day, as the telecommunication sector advanced offsetting the fall in banking shares.
DSE General Index, the benchmark index of Dhaka Stock Exchange, rose 18.86 points, or 0.44 percent to 4,292.77.
The telecommunication sector gained heavily as Grameenphone (GP) shares advanced 3.74 percent.
The banking sector went down after gaining for six straight sessions. The whole sector went down by 2.54 percent.
Among the biggest losers, Mercantile Bank, Standard Bank and Trust Bank declined by more than 5 percent each, while Pubali Bank and Rupali Bank were the only banks that traded in safe.
Although the market was up from the previous day's close, it lost the gaining streak on profit taking, especially in the banking sector shares, said an analysis of BRAC-EPL, an investment firm.
The broader DSE All Share Price Index increased 12.51 points, or 0.35 percent, to 3,559.16.
The non-bank financial institutions finished mixed with the whole sector marginally up by 0.2 percent.
Most of the mutual funds, pharmaceuticals and energy and power sector shares also finished high.
Advancers beat losers 140 to 93. Four securities however remained unchanged. A total of 2,88,90,798 shares and mutual fund units worth Tk 882.25 crore were traded on the prime bourse.
Beximco topped the turnover leaders with 23,13,000 shares worth Tk 70.22 crore being traded.
Dulamia Cotton was the largest gainer that rose 16.59 percent, while Purabi General Insurance was the largest loser declining 9.2 percent on the DSE.
Chittagong stocks also marked a slight rise yesterday. The CSE Selective Categories Index increased 28.56 points, or 0.35 percent, to 8,081.71. The CSE All Share Price Index gained 35.33 points, or 0.28 percent, to 12,518.53.
A total of 39,30,598 shares and mutual fund units worth Tk 77.23 crore changed hands on the port city bourse. Of the traded securities, 93 advanced, 63 declined and three remained unchanged.
Grameenphone topped the turnover leaders with 4,06,000 shares worth Tk 7.04 crore being traded on Chittagong Stock Exchange.
DSE General Index, the benchmark index of Dhaka Stock Exchange, rose 18.86 points, or 0.44 percent to 4,292.77.
The telecommunication sector gained heavily as Grameenphone (GP) shares advanced 3.74 percent.
The banking sector went down after gaining for six straight sessions. The whole sector went down by 2.54 percent.
Among the biggest losers, Mercantile Bank, Standard Bank and Trust Bank declined by more than 5 percent each, while Pubali Bank and Rupali Bank were the only banks that traded in safe.
Although the market was up from the previous day's close, it lost the gaining streak on profit taking, especially in the banking sector shares, said an analysis of BRAC-EPL, an investment firm.
The broader DSE All Share Price Index increased 12.51 points, or 0.35 percent, to 3,559.16.
The non-bank financial institutions finished mixed with the whole sector marginally up by 0.2 percent.
Most of the mutual funds, pharmaceuticals and energy and power sector shares also finished high.
Advancers beat losers 140 to 93. Four securities however remained unchanged. A total of 2,88,90,798 shares and mutual fund units worth Tk 882.25 crore were traded on the prime bourse.
Beximco topped the turnover leaders with 23,13,000 shares worth Tk 70.22 crore being traded.
Dulamia Cotton was the largest gainer that rose 16.59 percent, while Purabi General Insurance was the largest loser declining 9.2 percent on the DSE.
Chittagong stocks also marked a slight rise yesterday. The CSE Selective Categories Index increased 28.56 points, or 0.35 percent, to 8,081.71. The CSE All Share Price Index gained 35.33 points, or 0.28 percent, to 12,518.53.
A total of 39,30,598 shares and mutual fund units worth Tk 77.23 crore changed hands on the port city bourse. Of the traded securities, 93 advanced, 63 declined and three remained unchanged.
Grameenphone topped the turnover leaders with 4,06,000 shares worth Tk 7.04 crore being traded on Chittagong Stock Exchange.
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