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DSE turnover crosses Tk 15b mark

FE Report | Monday, 21 March 2011


FE Report
Due to heavy buy pressure from the institutional and small investors after nearly two and half months, Dhaka Stock Exchange (DSE) turnover, in value terms, crossed Tk 15 billion mark Sunday. The total turnover of the first trading session of the week stands at Tk 15.24 billion in value terms, up by 13.50 per cent from Tk 13.43 billion in the previous session. The turnover crossed Tk 15 billion mark since January 12. On January 12, the total turnover was Tk 16.49 billion. Market operators said the investors have started to invest in the market with fresh enthusiasm as the market becomes almost stable. The benchmark DSE General Index (DGEN)-the market barometer-gained 0.90 per cent or 57.99 points to end at 6,469.91. The broader DSE All Shares Price Index (DSI) ended at 5,354.19, rising 0.88 per cent or 46.79 points. However, the DSE-20 index including blue chips shed 0.79 per cent or 32.71 points to 4,082.57. Majority of the issues traded on the day gained in prices as out of total 257 issues traded, 188 advanced, 59 declined and 10 remained unchanged. A total of 130.24 million shares changed hands against 122.67 million in the last trading session. The trade deals also increased and stood at 250,295 against 236,036 in the previous session. The market capitalisation slightly increased and stood at Tk 2,890.98 billion against Tk 2,870.11 billion Wednesday. Capital market expert Akter H Sannamat said, "The market is now almost stable as the investors' participation has increased." "The market's behaviour is normal and the investors' participation has increased as they are actively taking part in buy-sell processes resulting in sharp rise in turnover volume," he said. Continued to page 14