DSE turnover soars to all-time high
The single-day turnover on the premier bourse touched a new high of Tk 2,440 crore yesterday.
A buying and selling spree, especially in the banking, non-bank and power sectors, was the major reason for the record, market insiders said.
Except one company, the top 20 turnover leaders were from these three sectors. Titas Gas, the state-run energy company, topped the list.
Retailers were in a cheerful mood, as the government did not impose taxes on the income of individuals from share trade, as reported in newspapers before the budget, said a stockbroker.
However, the buying spree in morning trade and the selling spree in the afternoon session led the market to go down slightly.
The benchmark index of Dhaka Stock Exchange (DSE) -- DSE General Index -- declined 7.71 points, or 0.12 percent, to 6,324.97.
"Many are booking profits, while others are speculating good returns in the days ahead," the investor added.
Advancers beat losers 133 to 110, with nine securities unchanged on the DSE.
More than 7.38 crore shares and mutual fund units changed hands on the trading floor.
Chittagong stocks posted a slight rise yesterday with the CSE Selective Categories Index gaining 46.85 points, or 0.39 percent, to reach 12,039.26.
Chittagong Stock Exchange traded more than 65.71 lakh shares and mutual fund units with a turnover of Tk 149.31 crore.
Of the traded issues, 91 advanced, 81 declined and 10 remained unchanged on the port city bourse.
Beximco Ltd topped the list of turnover leaders with more than 2.17 lakh shares worth Tk 7.21 crore being traded.
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