BBN file photo
Dhaka, Bangladesh (BBN) - Daily trade turnover on Dhaka Stock Exchange (DSE) has surpassed BDT 9.0-billion-mark after one month as investors put fresh stakes on banking and telecom sector stocks.
Turnover, a crucial indicator of the market, stood at BDT 9.83 billion on the country'’ premier bourse, climbing further by 13 percent over previous day’s mark of BDT 8.70 billion.
It was the biggest single-day transaction since October 11, when the turnover totaled a record BDT 10.92 billion.
Stocks extended the winning spell for the fifth straight session on Sunday as enthusiastic investors continued their buying appetite on bank and telecommunication issues.
Market operators said the market extended the winning streak riding on heavyweight bank and telecom sectors issues which affect the index largely.
Along with rising turnover value, DSEX, the prime index of the DSE, continued to hold its gaining momentum, adding more than 30 points more to settle at 6,223 points.
DSEX, which replaced the DGEN in nearly five years back, added more than 151 points or 2.48 percent in the past five consecutive sessions.
The two other indices -- the DS30 index and the DSE Shariah Index (DSES) – also followed the suit to close at 2,259 and 1,343 points, after rising 15 points and 1.61 points respectively.
Losers, however, took a strong lead over the gainers as out of 334 issues traded, 205 closed lower, 95 closed higher and 34 remained unchanged on the DSE trading floor.
Dhaka Bank dominated the turnover chart with 19.42 million shares of BDT 472 million changing hands, closely followed by Brac Bank, Shahjalal Bank, City Bank and Western Marine Shipyard.
AB Bank was also the day’s best performer, posting a gain of 9.66 percent while Eastern Lubricants was the day’s worst loser, plunging by 115.65 percent following its corporate declarations.
The port city bourse Chittagong Stock Exchange (CSE) also ended higher with its All Shares Price Index –gaining more than 106 points to close at 19,302 points.
Losers beat gainers as 141 issues closed lower, 82 closed higher and 24 remained unchanged on the CSE.
The port city bourse traded 24.74 million shares and mutual fund units worth BDT 694 million in turnover.
BBN/SSR/AD