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Agency Indices on the country's twin bourses closed higher, driven by banks, insurers and power companies. On the opening day of the week, the trading volume and turnover recorded a slight decline. Brokerage house officials said investors sold off issues which rose over the last few days in a bid to make profit.
"Banks, insurers, power companies and non-bank financial institutions were favoured by investors on Sunday," an official of brokerage house Latif Securities told bdnews24.com.
Meanwhile, market watchers termed trading rational but said investors were losing interest in the market.
"The day's trading was quite rational," Yaweer Sayeed, CEO of a private asset management company told bdnews24.com.
But investors were losing interest in the market which is reflected by the lower trading volume, he added.
"People are losing interest as some recent interventions have deprived them of benefit," said Sayeed of AIMS of Bangladesh.
The benchmark DGEN or general index remained relatively stable through the trading hours after witnessing a sharp rise on the first two hours, to close 11.21 points or 0.37 percent up at 2993.21.
The DSI or all-share price index rose 8.10 points or 0.31 percent, ending on 2577.44, while the blue-chip DSE-20 finished at 2638.99, gaining 45.42 points or 1.75 percent.
Turnover edged down to Tk 3.13 billion from the trading of 18,694,920 shares, down from Thursday's Tk 3.27 billion.
Gainers beat losers 124 to 99, while nine issues held steady.
Profit-taking led turnover leader Beximco Pharma to fall 1.69 percent to close at Tk 104.70.
Square Pharmaceuticals continued to gain; rising 4.29 percent to Tk 5424.75. Apex Adelchi Footwear followed it to end on Tk 4213.25, up by 7.82 percent.
ACI lost 2.46 percent to Tk 454.40.
Keya Cosmetics shook off previous day's losses and advanced 4.69 percent to close at Tk 86.90.
Among the other scrips on the turnover board—Lanka Bangla Finance, Beximco and Lafarge Surma Cement—lost after investors locked in profits.
BOC Bangladesh and Square Textiles gained.
Indices on the Chittagong Stock Exchange advanced, influenced by gains in leather, ceramics, insurance shares and a surge in blue chips.
The CSCX or selective categories index rose 91.85 points or 1.57 percent to end on 5919.80. The CASPI or all-share price index closed at 9174.70, gaining 116.28 points or 1.28 percent.
The CSE-30 blue-chip surged 109.51 points or 1.35 percent to end on 8196.23.
Turnover on the port city bourse crept down to Tk 409.78 million, from the trading of 4,111,847 shares, down from Tk 419.25 million the previous day.
Of the traded 147 issues, 79 gained, 66 lost, and two remained unchanged.
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