FE Today Logo

DSE turnover crosses Tk 9.0b

FE REPORT | April 28, 2022 00:00:00

The market ended almost flat on Wednesday, with turnover crossing Tk 9.0 billion-mark after four-week, as investors were active on both sides of the trading fence amid ongoing corporate declarations.

DSEX, the key index of the Dhaka Stock Exchange, saw a fractional gain of 0.07 point to settle at 6,677, after gaining over 10 points in the previous day.

Two other indices, however, closed in the red. The DSE 30 Index, comprising blue chips, shed 8.16 points to finish at 2,466 and the DSE Shariah Index (DSES) fell 2.96 points to close at 1,453.

Turnover crossed Tk 9.0 billion-mark after four weeks and amounted to Tk 9.32 billion on the country's premier bourse, climbing further by 22 per cent over previous day's mark of Tk 7.66 billion.

Market operators said the optimistic investors showed their buying interest on sector-specific stocks while the cautious investors booked profit on quick-gaining stocks.

The investors were also busy with rebalancing their portfolios as a good number of listed companies disclosed quarterly earnings and year-end dividend declarations during the trading hours, said a merchant banker.

Apex Footwear's earnings per share (EPS) jumped over 172 per cent to Tk 2.64 for January-March 2022, from Tk 0.97 in the same quarter a year earlier. Accordingly, the footwear maker's stock soared 6.18 per cent to close at Tk 297.30 on Wednesday.

Unique Hotel & Resorts has reported EPS of Tk 2.83 for January-March 2022, as against loss of Tk 0.14 per share in the same quarter last year. Accordingly, its share rose 9.98 per cent to close at Tk 69.40 on Wednesday.

The Chittagong Stock Exchange (CSE) edged up with the CSE All Share Price Index - CASPI -gaining 34 points to settle at 19,612 and the Selective Categories Index - CSCX - advancing 20 points to close at 11,768.

[email protected]

Share if you like