Most sectors end week in green zone

Most of the sectors in the Dhaka stock market posted positive return in the week to Thursday with the fuel & power sector making the highest gain ahead of dividend declarations.

Of the 19 sectors listed with the Dhaka Stock Exchange (DSE), the market-cap of 12 closed higher while seven saw correction, according to the weekly analysis of the DSE and the LankaBangla Securities.

Among the sectors, fuel & power posted the highest return of 5.15 per cent as 16 issues of the sector closed higher, out of 18.

Six issues of the sector posted more than 6.0 per cent return.

Of the power issues, Khulna Power Company witnessed the highest gain of 11.90 per cent. It was closely followed by Baraka Power with 11.30 per cent, Power Grid 7.60 per cent, United Power 6.90 per cent, CVO Petrochemicals Refinery 6.30 per cent and Intraco Refueling 5.10 per cent.

On the other hand, the heavyweight banking sector saw the highest loss of 1.77 per cent as prices of 25 banks closed lower, out 30.

Of the banks, First Security Islami Bank was the biggest loser, shedding 6.60 per cent.

It was followed by Bank Asia with 5.90 per cent, Shahjalal Islami Bank 5.90 per cent, Social Islami Bank 5.50 per cent, National Bank 4.70 per cent, Pubali Bank 4.50 per cent and Standard Bank 4.20 per cent.

Insurance, paper & printing, mutual fund, cement, financial institutions and tannery shares also lost 2.97 per cent, 1.98 per cent, 0.88 per cent, 0.57 per cent, 0.37 and 0.13 per cent respectively.

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