Daily trade turnover on prime bourse dipped below Tk 7.0-billion mark Tuesday after six weeks as most of the investors reluctant to make fresh investment in stocks.
Turnover, a crucial indicator of the market, stood at Tk 6.12 billion on the country’s premier bourse, slumping by 31 per cent over previous day’s mark of Tk 8.91 billion.
It happens to be the lowest single-day transaction in the last six weeks since January 01, 2019, when the turnover totalled a record Tk 5.30 billion.
However, market index ended marginally higher after volatile trading as some investors showed their buying appetite on sector specific shares.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,735, gaining 11.40 points or 0.19 per cent over the previous day.
Two other indices also edged higher. The DS30 index, comprising blue chips, advanced 7.61 points to finish at 1995 and the DSES (Shariah) index rose 2.85 points to settle at 1,307.
A total number of 132,988 trades were executed in the day’s trading session with trading volume of 129.32 million shares and mutual fund units.
The market-cap of the DSE increased to Tk 4,145 billion, from Tk 4,130 billion in the previous day.
The losers took a modest lead over the gainers, as out of 345 issues traded, 165 closed lower, 124 ended higher and 56 remained unchanged on the DSE trading floor.
United Power topped the day’s turnover with 1.39 million shares worth Tk 571 million changing hands, closely followed by Bangladesh Submarine Cable Company, Grameenphone, Square Pharmaceuticals and Fortune Shoes.
Alif Industries was the day’s best performer, posting a 7.44 per cent gain, while Dulamia Cotton Mills was the worst loser, plunging by 8.37 per cent.
The port city bourse—Chittagong Stock Exchange—also edged higher with the CSE All Share Price Index – CASPI – advancing 26 points to settle at 17,568 while the Selective Categories Index – CSCX –gaining 16 points to finish at 10,631.
Here too, the losers beat the gainers as 142 issues ended lower, 77 closed higher and 42 remained unchanged.
The port city bourse traded 6.61 million shares and mutual fund units worth more than Tk 218 million in turnover.
