The ten most-traded companies accounted for almost 41 per cent transactions on the Dhaka Stock Exchange (DSE) in the first week of 2023, with pharmaceuticals sector dominating the turnover list.
The pharmaceutical sector captured almost 23 per cent in the weekly turnover while Orion Infusions made its way to the top of the chart.
Pharma & chemicals sector companies such as Orion Infusions, Orion Pharma, Navana Pharma and Advent Pharma were dominating the turnover list in the recent weeks as their shares traded above the floor price.
According to DSE data, some 1.51 million Orion Infusions shares were traded during the week, generating a turnover of Tk 719 million, which was 6.35 per cent of the week's total turnover.
The company's share price closed at Tk 422.40 on Thursday, losing 19.91 per cent over the previous week.
However, Orion Infusions was the second-highest yearly gainer in 2022, soaring 502 per cent although the market is passing through a bearish trend.
Intraco Refueling Station came second in the turnover list with shares worth Tk 626 million changing hands. Its share closed at Tk 39.90, losing 1.48 per cent over the previous week.
Sea Pearl Beach Resorts clinched the third spot, with shares worth Tk 584 million changing hands. The company's share closed at Tk 212.20 on Thursday, soaring 13.66 per cent over the previous week.
Bashundhara Paper Mills emerged as fourth, with shares worth Tk 530 million changing hands. The company's share advanced 2.65 per cent to close at Tk 77.60 on Thursday.
Monno Ceramic Industries notched the fifth spot, with shares worth Tk 443 million changing hands. The company's share price dropped 5.13 per cent to close at Tk 116.40 on Thursday.
Turnover of Orion Pharma was Tk 433 million. The drug maker's share price fell 1.93 per cent to close at Tk 81.10.
Genex Infosys featured a turnover of Tk 398 million. Its share closed at Tk 79.70, shedding 1.60 per cent over the previous week.
The turnover of Bangladesh Shipping Corporation was Tk 302 million. The state-run corporation share slid 3.04 per cent to close at Tk 111.80 on Thursday.
Anwar Galvanizing featured a turnover of Tk 290 million. The company's share closed at Tk 213.30, losing 9.70 per cent over the week before.
babulfexpress@gmail.com