Dhaka bourse rebounds into positive territory
Turnover still bellow Tk 3.0 billion-mark
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The Dhaka Stock Exchange (DSE) rebounded in positive territory on Thursday as some investors went on buying spree on sector-specific issues but the turnover was still bellow Tk 3.0 billion-mark.
On Wednesday, the premier bourse hit a 13-month low turnover as many investors refrained themselves from taking part in share trading.
The market opened on positive note in the morning, but in the mid-session it saw downturn. However, the late hours’ buying spree helped the bourse close marginally up.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange, went up by 64.78 points or 1.23 per cent to settle at 5326.
The two other indices—the DS30 index and the DSE Shariah Index (DSES) – also saw fractional gain.
The DS30 index, comprising blue chips, advanced 25.05 points or 1.33 per cent to 1902 points and the DSE Shariah Index gained 15.35 or 1.26 per cent to close at 1233.
Turnover, another important indicator of the market, dipped below Tk 3.0 billion-mark again and amounted to Tk 2.84 billion, which was Tk 3.38 per cent higher than the previous day’s Tk 2.74 billion.
A total number of 87,424 trades were executed in the day’s trading session with a trading volume of 63.82 million securities.
The gainers took a modest lead over the losers as out of 344 issues traded, 262 advanced, 45 declined and 37 issues remained unchanged on the DSE trading floor.
Monno Ceramic topped the DSE turnover chart with shares worth Tk 196 million changing hands followed by the Fortune Shoes, United Power Generation, Bangladesh Submarine Cable Company and Esquire Knit Composite.