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DSE turnover crosses Tk 4 billion-mark

FE Report | January 13, 2015 00:00:00


Amid extreme volatility observed throughout the whole trading session, Dhaka stocks Monday posted the highest turnover value in last one month riding on investors' fresh buying spree, insiders said.

On the day, the benchmark index DSEX rose 0.26 per cent or 12.93 points to close at 4956.92 points.

The other two indices DSE Shariah Index and DSE30 also posted a gain of 5.88 points and 10.50 points respectively.

On Monday the market started its session with a positive note and the benchmark index rose 0.16 per cent or 8.33 points to close at 4952.32 points at around 11.18 a.m. amid fluctuation.

Later, the market also went through volatility and finally ended the session by posting gains both in turnover value and benchmark index.

Among 310 traded issues, 107 advanced, 161 declined and the remaining 42 remained unchanged.

At the end of the day's trading session, the turnover value stood at over Tk 4.17 billion which was 35.21 per cent higher than the value observed in previous session.

The premier bourse observed a turnover value of Tk 4.21 billion on December 10, 2014. Afterwards, the turnover declined and fluctuated within the rang of Tk 1.36 billion to Tk 3.19 billion.

Among all major sectors, Food & Allied rose 3.3 per cent whereas Textile went up by 0.8 per cent.

On Monday Agni Systems topped the chart of turnover leaders with a value of Tk 188.82 million.

The other turnover leaders were: DESCO, Saif Powertec, Western Marine Shipyard, RSRM Steel, IDLC, Lafarge Surma Cement, ALLTEX, Aamra Technology and Grameenphone.

On the port city bourse, the benchmark index CASPI rose 41.18 points to close at 15216.27 points on Monday.

Among 249 traded issues, 108 advanced, 98 declined and the remaining 43 remained unchanged.

At the end of the day's session, the turnover value stood at Tk 309.26 million.

On Monday, the officials of the Bangladesh Securities and Exchange Commission (BSEC) said the regulator would sit today (Tuesday) with the stakeholders of the capital market for formulating the rules of Exchange Traded Fund (ETF).

The premier bourse wanted to launch the ETF by December 31, 2014. But the dead line was missed due to delay in formulating relevant rules.

mufazzal.fe@gmail.com


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