DSE turnover hits near Tk 5.0 billion-mark
FE Report | Thursday, 5 June 2008
The total turnover neared Tk 5.0 billion-mark Wednesday for the first time on Dhaka Stock Exchange (DSE) with stock prices gaining for the second straight day led by rally of bank and IT shares.
On the back of huge transaction of AIMS First Mutual Fund, AB Bank and BRAC Bank, the total turnover hit Tk 4.98 billion, which is the ever highest since May 20 last when the turnover was Tk 4.94 billion.
The majority buying binge came from the institutional investors, said a DSE source.
Information Technology (IT) sector share prices whopped on the day propelled by telecom regulator's recent move in reducing tariff rate of internet user, facilitating IT sector to grow in a faster pace, market sources said.
ISN Limited posted a rise of 19.20 per cent, followed by Bdcom Online 16.21 per cent, Agni System Limited 13.40 per cent, Daffodil Computers 12.07 per cent and Bangladesh Online 8.04 per cent.
Bdcom Online closed at Tk 30.10, Agni System Limited Tk 51.60, Daffodil Computers Tk 23.20 and Bangladesh Online Tk 56.40.
Prices of insurance and leasing issues, however, slid due to profit taking on the day.
The market barometers -- the benchmark index DSE General Index (DGEN), All Shares Price Index (DSI) and DSE-20 (DS20) rose 13.20 points, 11.40 points and 6.18 points to close at 3138.63, 2664.07 and 2574.95 respectively.
Gainers dominated over the losers as out of 238 issues traded on the day, 125 advanced, 104 declined and nine remained unchanged.
The market capitalisation, however, slightly rose to Tk 877.22 billion against Tk 873.99 billion.
On the back of huge transaction of AIMS First Mutual Fund, AB Bank and BRAC Bank, the total turnover hit Tk 4.98 billion, which is the ever highest since May 20 last when the turnover was Tk 4.94 billion.
The majority buying binge came from the institutional investors, said a DSE source.
Information Technology (IT) sector share prices whopped on the day propelled by telecom regulator's recent move in reducing tariff rate of internet user, facilitating IT sector to grow in a faster pace, market sources said.
ISN Limited posted a rise of 19.20 per cent, followed by Bdcom Online 16.21 per cent, Agni System Limited 13.40 per cent, Daffodil Computers 12.07 per cent and Bangladesh Online 8.04 per cent.
Bdcom Online closed at Tk 30.10, Agni System Limited Tk 51.60, Daffodil Computers Tk 23.20 and Bangladesh Online Tk 56.40.
Prices of insurance and leasing issues, however, slid due to profit taking on the day.
The market barometers -- the benchmark index DSE General Index (DGEN), All Shares Price Index (DSI) and DSE-20 (DS20) rose 13.20 points, 11.40 points and 6.18 points to close at 3138.63, 2664.07 and 2574.95 respectively.
Gainers dominated over the losers as out of 238 issues traded on the day, 125 advanced, 104 declined and nine remained unchanged.
The market capitalisation, however, slightly rose to Tk 877.22 billion against Tk 873.99 billion.