DSE daily turnover exceeds Tk 15bn mark

Staff Correspondent

18 May, 2021 12:00 AM printer

Turnover on the Dhaka Stock Exchange (DSE) crossed Tk 15 billion-mark after four months on Monday as enthusiastic investors put fresh stakes on stocks amid eased virus worries.

Turnover, a crucial indicator of the market, stood at Tk 15.35 billion on the country’s premier bourse, in a further buck by 8.20 per cent over previous day’s tally of Tk 14.18 billion.

DSEX, the benchmark index of the DSE, also rose 26.92 points or 0.46 per cent to settle at 5,840.

Two other indices also edged higher with the DSE 30 Index, comprising blue chips, advanced 6.64 points or 0.30 per cent to finish at 2,199 and the DSE Shariah Index (DSES) rose 2.31 points or 0.18 per cent to close at 1,285.

Out of 365 issues traded, 175 declined, 142 advanced and 48 issues remained unchanged on the DSE trading floor.

A total number of 272,940 trades were executed in the day’s trading session with a trading volume of 591.21 million shares and mutual fund units.

The market-cap of DSE also rose to Tk 4,964 billion on Monday, up from Tk 4,931 billion in the previous session.

Beximco - the flagship company of Beximco Group- continued to dominate the turnover chart with shares worth about Tk 1.13 billion changing hands, followed by Robi (Tk 636 million), Saif Powertec (Tk 531 million), Prime Bank (Tk 531 million) and IFIC Bank (Tk 468 million).

Asia Insurance was the day’s top gainer, posting a 9.92 per cent gain while Tosrifa Industries was the worst loser, losing 8.13 per cent.

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index – CASPI –rising 73 points to settle at 16,922 and the Selective Categories Index – CSCX gaining 46 points to close at 10,202.

Of the issues traded, 146 declined, 125 advanced and 29 issues remained unchanged on the CSE.

The port city’s bourse traded 43.31 million shares and mutual fund units with turnover value of Tk 1.15 billion.