DSE turnover hits 5-year low

Last updated: January 15, 2013

Dhaka, Bangladesh (BBN): Turnover on the country’s premier bourse--- Dhaka Stock Exchange (DSE) dipped to 5-year low to BDT 1.04 billion on Tuesday since January 8, 2008.

DGEN, the benchmark general index of DSE, however, managed to close flat to stand at 4,113.16, after gaining slightly by 1.55 points or 0.03 per cent.

On January 8, 2008, the DSE turnover was BDT 815.47 million which was lower than Tuesday’s turnover value. The premier bourse’s turnover hit a record BDT 32.49 billion on December 5, 2010, when its general index also hit a record 8,918 points.

Of the issues traded, 134 advanced, 88 declined and 44 remained unchanged.

United Airways topped the turnover chart with shares worth BDT 79.98 million changing hands.

ACI Formulation was the day’s highest gainer posting a rise of 5.52 per cent while Reliance One was the worst loser, slumping by 6.52 per cent.

The Chittagong Stock Exchange, however, closed negative with the Selective Category Index of the CSE dropped 3.99 points to close at 7,980.90.

BBN/BB/AD/Jan15-13-3.40pm (BST).

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