DSE mkt capitalization crosses Tk 450b mark

FE Team | Published: June 15, 2007 00:00:00 | Updated: February 01, 2018 00:00:00

FE Report
The total market capitalisation of the Dhaka Stock Exchange (DSE) crossed the Tk 450.00 billion (45,000 crore) mark Thursday for the first time amid a rally of share prices.
The DSE market capitalisation reached Tk 453.434 billion on the day, the last trading session of the week, from Tk 438.846 billion of the previous day. Earlier, the DSE crossed the Tk 400.00 billion-mark on May 3 last.
The market started regaining Wednesday last as investors are heading for the stock market with their huge idle money while institutional investors have become active and portfolio investment has increased.
In Thursday's trading session the total turnover increased to Tk 1.357 billion from Tk 1.252 billion of the previous day.
All Shares Price Index (DSI), DSE-20 Index (DS20) and DSE General Index (DGEN) increased by 58.363 points, 31.029 points and 37.979 points to close at 1678.338, 1817.946 and 2028.826 respectively.
Out of 197 issues traded, prices of 143 increased, 40 declined and 14 remained unchanged.
AB Bank was the turnover leader with its shares worth Tk 108.460 million (10.846 crore) traded, followed by BRAC Bank with its turnover recorded at Tk 102.935 million, Power Grid with the turnover at Tk 86.922 million, Southeast Bank at Tk 82.271 million, UCBL at Tk 79.923 million, Prime Bank at Tk 71.355 million, Square Textile at Tk 57.604 million, Desco at Tk 56.606 million, Square Pharma at Tk 54.703 million and Summit Power at Tk 53.753 million on the day.
Prices of AB Bank shares gained by 11.96 per cent to Tk 1487.75 each, BRAC Bank by 4.11 per cent to Tk 721.50, Power Grid by 1.05 per cent to Tk 596.75, Southeast Bank by 2.16 per cent to Tk 460.25, UCBL by 5.73 per cent to Tk 2489.25, Prime Bank by 2.12 per cent to Tk 803.25, Square Textile by 4.24 per cent to Tk 110.50, Desco by 3.53 per cent to Tk 856.75, Square Pharma by 2.73 per cent to Tk 3699.75 and Summit Power by 1.32 per cent to Tk 823.50.
Prices of Rupali Bank shares increased significantly again on the news that the Privatisation Commission (PC) has sent yet another letter to the Saudi prince for payment to strike the final deal soon.
Rupali Bank shares gained Thursday by 30.76 per cent to Tk 1696.00 each. Just three days ago Rupali Bank prices had dipped below Tk 1300 per share.