DSE turnover crosses Tk 6b-mark after 8 months

Dhaka,  Monday,   2016-09-21
Published : 21 Sep 2016, 16:17:26

DSE turnover crosses Tk 6b-mark after 8 months

DSE turnover crosses Tk 6b-mark after 8 months
FE Online Report
Dhaka stocks turnover hit an eight-month high on Wednesday crossing the Tk 6 billion mark.

The market started with a positive in the morning which sustained till closure of the as enthusiastic investors remained active on sector specific stocks, ultimately ended higher.

DSEX, the prime index of the DSE, finished at 4,660.15, advancing 21.12 points or 0.45 per cent, which is more than eight months high level of DSEX. DSEX added about 137 points or 3.0 per cent in the past 11 consecutive sessions.

The two other in indices also closed higher. The DS30 comprising blue chips advanced 3.11 points or 0.18 per cent to settle at 1,773.46. The DSE Shariah Index (DSES) gained 2.04 points or 0.18 per cent to close at 1,118.15.

Turnover, the important indicator of the market, hit more than eight months high to Tk 6.14 billion, which was 15 per cent higher than the previous day’s Tk 5.36 billion. It was the highest turnover value since January 20, when turnover was Tk 6.69 billion.

The gainers took a strong lead over the losers as out of 322 issues traded, 172 closed higher, 91 closed lower and 59 remained unchanged on the DSE trading floor.

ACME Laboratories dominated the DSE turnover chart with shares worth over Tk 326 million changing hands, followed by Square Pharma, Singer Bangladesh, Bangladesh Submarine Cable Company and National Tubes.

National Housing Finance and Investment was the day’s best performer, posting a rise of 9.84 per cent, while Shampur Sugar Mills was the worst loser, slumping by 8.60 per cent.

The port city bourse, the Chittagong Stock Exchange (CSE) also finished higher with its Selective Categories Index- CSCX – advancing 22.76 points to settle at 8,710.98 points.

Gainers beat losers as 121 issues closed higher, 89 closed lower and 43 remained unchanged on the CSE.

The port city bourse traded 9.87 million shares and mutual fund units worth over Tk 324 million in turnover. –BB/RH
Editor : A.H.M Moazzem Hossain
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