DSE turnover hits nearly two-month high at Tk500cr
Turnover on the Dhaka Stock Exchange (DSE), a key indicator of investor activity, reached Tk506.18 crore today — the highest in nearly two months — as investor participation continued to rise.
Compared to the previous session, turnover increased by 5.55%, marking the first time since May that the daily trading volume crossed the Tk500 crore mark.
The DSEX, the benchmark index of the DSE, extended its winning streak for a second straight session, climbing 28 points to close at 4,894. Meanwhile, the blue-chip index DS30 gained 18 points to settle at 1,836.
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Market breadth remained mixed, with 154 issues advancing, 181 declining, and 62 remaining unchanged.
Shanta Securities, in its daily market commentary, said that market movement was driven by positive changes in the market cap of travel and leisure, bank, and non-bank financial institutions scrips amid negative changes in the market cap of paper and printing, life insurance, and food and allied scrips.
BRAC EPL Stock Brokerage said large cap sectors posted mixed performance today. Banks booked the highest gain of 2.80%, followed by non-bank financial institutions and engineering, while investors got negative returns from pharmaceutical, telecommunication, and food and allied.
BRAC Bank was the top traded stock, which was followed by Agni Systems and Midland Bank.
Rupali Bank led the gainers list as its share price jumped by 9.94% to reach at Tk21, which was followed by Indo-Bangla Pharma, which rose 9.44% to Tk13.9 per share.
On the other end, Islamic Finance was the day's top loser, dropping 9.09% to Tk8.
The port city bourse, Chittagong Stock Exchange (CSE), also settled in a positive zone. The CSCX and CASPI indices rose by 60 and 99 points, respectively.
