Turnover crosses Tk 5.0 billion-mark again

Dhaka,  Sat,  23 September 2017
Published : 14 Jun 2017, 21:36:56

Turnover crosses Tk 5.0 billion-mark again

Turnover crosses Tk 5.0 billion-mark again
FE Report

The Dhaka bourse Wednesday featured a turnover of above Tk 5.0 billion due to investors' increased participation in share trading.

On the day, the key index closed flat extending the gaining streak for second consecutive session on Dhaka Stock Exchange (DSE).

The DSE broad index DSEX started positively and witnessed volatility throughout the session and eventually closed flat with a marginal rise.

At the end of the session, the DSEX closed at 5459.72 points with a rise of 0.09 per cent or 4.93 points.

According to EBL Securities, the premier bourse started the session with positive vibe later the index displayed volatility as investors considered booking profit over taking new position.

"Last hour buying binge lifted the index up and in green zone," said the EBL Securities.

The shariah based index DSES lost 0.06 per cent or 0.80 point to close at 1260.19 points, while the blue chip index DS30 went up by 0.02 per cent or 0.50 point to close at 2027.14 points.

Of 326 issues traded, 160 advanced, 115 declined and 51 were unchanged on the premier bourse.

The turnover stood at above Tk 5.47 billion which was 36.56 per cent higher than the turnover of the previous session.

Of total turnover, Tk 518 million came from transactions executed in block board.

Among the major sectors, which witnessed correction, bank declined 0.3 per cent, engineering 0.3 per cent, fuel & power 0.1 per cent, tannery 0.2 per cent and travel & leisure 0.3 per cent.

Among the gaining sectors, financial institutions advanced 0.5 per cent, textile 0.8 per cent, food & allied 0.4 per cent and general insurance 1.0 per cent.

Investors' activities were concentrated mostly on textile which had 18.30 per cent contribution in market turnover followed by pharmaceuticals & chemicals 15.30 per cent, engineering 10.60 per cent and food & allied 10.50 per cent.

British American Tobacco Bangladesh Company topped the turnover chart with a value of Tk 447 million followed by Central Pharmaceuticals Tk 194 million, Paramount Textile Tk 188 million, Argon Denims Tk 181 million and Bangladesh Finance and Investment Company Tk 161 million.

Fine Foods was the number one gainer with a rise of 7.26 per cent to close at Tk 31, while Yeakin Polymer was the worst loser after declining 6.41 per cent to close at Tk 24.80.

On the Chittagong Stock Exchange (CSE), the benchmark index CASPI closed at 16920 points with a rise of 10 points.

Of 238 issues traded, 121 advanced, 77 declined and 40 were unchanged and the turnover stood at above Tk 353.30 million on the port city bourse CSE.

Editor : A.H.M Moazzem Hossain
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