Daily Capital Market Review of Bangladesh, as on 19 March, 2017
Market closed marginally lower on the first tradingday of the week...
The benchmark general index, DSEX, closed at 5,695 whichis 5.8 points (-0.10%) lower than the last trading session.
After three moderate gaining session market once againseemed to have witnessed profit booking motive and somewhat indecisiveness ofthe investors on the first trading session of the week amid stock specifictrading. Investors seemed to have built some optimism on the 2016 enddisclosures and dividends and subsequent quarterly announcements revolving banksector as bank sector kept witnessing decent money flow. Market remainedinitially flat but later maintained a minor downtrend for the rest of thesession before closing at 5.8 points lower than the last trading session.
Market turnover stood at a BDT 11.04 bn improving by14.5% compared to the last trading session. LankaBangla Finance (LANKABAFIN)attracted the most attention from the market participants as it was today’s toptraded stock accounting for 3.36% of the total turnover. Banks (contributing20.1%), Financial Institutions (16.6%), Engineering (14.8%) and Textile(14.1%) were the turnover leaders.