DSE turnover drops to four-month low
Though the indices of the Dhaka Stock Exchange (DSE) rose today, its turnover dropped to below the Tk 400-crore mark, which is the lowest in the last four months.
The DSEX, the benchmark index of the premier bourse in Bangladesh, bounced back 15 points, or 0.25 per cent, to close at 6,315.
The DS30, the blue-chip index, edged up 0.48 per cent to 2,148, while the DSES, the Shariah-compliant index, advanced 0.35 per cent to 1,371.
Turnover, a key indicator of the market, dropped 17 per cent to Tk 385 crore.
Of the securities, 110 advanced, 52 declined and 175 did not show any price movement.
Central Pharmaceuticals made the highest gain with an increase of 9.82 per cent. Meghna Pet Industries, Far Chemical Industries, Ambee Pharmaceuticals, and Shyampur Sugar Mills were among the top gainers.
Khan Brothers PP Woven Bag Industries was the worst loser, shedding 2.4 per cent.
Miracle Industries, Alhaj Textile Mills, Asia Pacific Insurance, and Peoples Insurance were also on the list of significant losers.
Sea Pearl Cox's Bazar Beach Resort & Spa was the most-traded stock on the day with its issues worth Tk 24 crore changing hands.
Khan Brothers PP Woven Bag Industries, Sonali Paper & Board Mills, Fu-Wang Foods, and Alif Industries registered significant turnover as well.
The Caspi, the all-share price index of the Chittagong Stock Exchange, gained 38 points, or 0.20 per cent, to close at 18,662.
Of the issues, 53 rose, 38 retreated and 62 did not see any price swing.
However, turnover of the port city bourse fell 40 per cent to Tk 6 crore.