Cement sector witnesses the highest average price appreciation of 2.5 percent
Ending the week-long turmoil, stocks in both bourses bounced back posting gains in most of the sectors.
The DSEX – key index of the Dhaka Stock Exchange (DSE) – gained 0.4 percent to finish the day at 4,212 points.
The Shariah-based index DSES inched up 0.4 percent to close at 950 points. Whereas the DS30, the blue chip index, gained 0.7 percent to close at 1,416 points.
On the DSE trading floor, out of 354 issues traded, 179 advanced, 122 declined and 53 remained unchanged on Sunday.
The Chittagong Stock Exchange's prime index – the CASPI – also registered a gain of 0.3 percent to close at 12,809 points.
Most of the sectors exhibited positive movements on Sunday, with cement witnessing the highest average price appreciation of 2.5 percent.
However, banking shares, failed to recover from its week-long downbeat and recorded a price correction of 0.3 percent, showed the Daily Market Review of EBL Securities Ltd.
The telecom sector managed to end positively on Sunday with an average market capital gain of 0.9 percent, thanks to an upward movement of 0.7 percent of the large-cap stock Grameenphone.
The DSE started the session positively. The investors went for bargain hunting as most of the fundamental stocks' price had dropped to the lowest level in recent times.
Buying appetite of sectoral giants – namely fuel and power, telecommunication and food and allied – caused the rise in indices on Sunday.
In the DSE, Grameenphone, United Power Generation, British American Tobacco, LafargeHolcim, Berger Paints, and Square Pharma are influencing the index with the highest market capitalisations.
The Lafarge Holcim Bangladesh Ltd topped the turnover table with Tk24.7 crore, closing at Tk41.8 per share.
Sonargaon Textiles Ltd was the best performer in the gainers' table, advancing 9.7 percent with a closing price of Tk29.3 per share.
Zeal Bangla Sugar Mills Ltd was the worst performer, losing 9.8 percent price to close at Tk29.6 per share.