DSE turnover rises 19pc
Turnover at the Dhaka Stock Exchange rose around 19 percent yesterday thanks to higher participation of institutional investors.
Market insiders said some well-performing companies declared dividends in the last couple of days, which encouraged investors to take new position.
As a result, turnover, one of the important indicators of the stock market, and index rose in the past two days.
The DSEX, the benchmark index of the premier bourse, edged up 45.38 points, or 0.96 percent, to close at 4,772.
Of the traded issues, 223 advanced, 85 declined and 46 remained the same.
National Tubes dominated the turnover chart with transaction of Tk 14.35 crore worth of shares, followed by Grameenphone, United Power Generation and Distribution Company, Khulna Power Generation and Distribution Company and Jamuna Bank.
Esquire Knit Composite was the day’s best performer with 10 percent gain, while Monno Jute Stafflers was the worst shedding 16.69 percent. Chattogram stocks also went up with the bourse’s benchmark index, CSCX, rising 85.45 points, or 0.97 percent, to finish at 8,832.51.
Gainers beat losers as 164 advanced and 53 declined while 23 finished unchanged on the Chittagong Stock Exchange.
