DSE turnover rises 37%
Turnover at the Dhaka Stock Exchange (DSE) rose 37.46 percent to Tk 383 crore yesterday after hitting a four-month low the day prior.
This week's trading started on December 8, when there was a 12.47 percent fall in turnover.
Yesterday, the textile sector dominated market activities, contributing about 18 percent to total turnover.
Block trades, which refers to high-volume transactions in securities that are negotiated and executed outside of the open market, contributed another 4.7 percent.
Bangladesh Shipping Corporation Limited emerged as the most-traded stock, registering a turnover of Tk 8.9 crore.
The benchmark index of the Dhaka Stock Exchange (DSEX) went down by 0.15 points, or 0.01 percent, from the previous day to close at 5,166.
Likewise, the DS30 index, composed of the blue-chip companies, shed 0.43 points, or 0.02 percent, to reach 1,903, marking a fourth day in decline.
The DSES index for the Shariah-compliant companies fared well, gaining 0.42 points, or 0.04 percent, to hit 1,154.
Of the 405 scrips that traded hands on the DSE trading floor, 185 saw a rise in prices while 147 closed lower. The remaining 73 did not witness any price movement.
Jute, general insurance, and textiles were the top three sectors that closed in the positive.
Meanwhile, paper and printing, IT and services, and real estate were the top three sectors that closed in the negative, according to the daily market update by the UCB Stock Brokerage.
In its market update, BRAC EPL Stock Brokerage said all sectors that account for large amounts of market capitalisation showcased mixed performance.
Market capitalisation refers to the total value of a company's outstanding shares owned by the stockholders.
The fuel and power sector booked the highest gain of 0.23 percent, followed by pharmaceuticals sector 0.08 percent, and telecommunication 0.01 percent.
However, the engineering sector logged a loss of 0.41 percent, food & allied 0.74 percent, the banking sector 0.89 percent, and non-bank financial institutions 1.02 percent.
At the Chittagong Stock Exchange, the CASPI, the premier index of the port city bourse, dropped by 31.78 points, or 0.22 percent, to settle at 14,439.
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