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The Financial Express

Turnover hits 16-month high


Turnover hits 16-month high

Dhaka bourse witnessed marginal correction in broad index on Sunday following mixed performance displayed by major sectors.

On the day, the turnover hit 16-month high as many investors injected fresh funds in securities, according to market operators.

Investors' participation was mostly concentrated in general insurance sector which achieved the highest price appreciation.

The market started the day's session with an upbeat note and the broad index rose about 41 points within 30 minutes.

The initial optimism faded in later hours as investors opted to book profit from sectors such as bank and financial institutions.

At the end of the session, the DSE broad index DSEX closed at 5939.45 points with a loss of 0.17 per cent or 10.55 points. The DSEX added 91 points in last three sessions.

The turnover stood at above Tk 11.98 billion which was 15.51 per cent higher than the turnover of the previous session.

Of total turnover, above Tk 161.10 million came from transactions executed in block board.

The Sunday's turnover was the highest value in 16 months. The DSE featured a turnover of above Tk 15.08 billion on September 17, 2017.

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