Stock turnover is on the rise
BI Report || BusinessInsider
After one and a half hours into the trade on the Dhaka Stock Exchange (DSE) on Wednesday, turnover or the value of traded shares, surged past Tk 485 crore and the trend shows it could exceed Tk 1,200 crore at the end of the session at 2-30pm.
The textile sector alone accounted for one-fifth of the turnover. But unlike the previous day, the majority of textile stocks are being traded at lower prices than the day before.
At 11-40am, the benchmark index of DSE, DSEX has increased over 28 points or 0.46 percent to 6,254.
Among other indices, the shariah-based DSES was up by 8 points or 0.64 percent and the blue-chip DS-30 rose by 11 points or 0.52 percent.
Fortune Shoes, LafargeHolcim and Beximco were the top three traded stocks.
Earlier, on Tuesday, DSEX increased over 50 points or 0.82 percent to end the day at 6,225.
Among other indices, the shariah-based DSES rose by 10.44 points or 0.77 percent and the blue-chip DS-30 was up by 13.72 points or 0.62 percent.
The DSE had a turnover of Tk 1,034 crore, up by Tk 390 crore from the previous session.
Shares of the 381 companies traded on the day, of which 237 firms gained, 42 issues lost and 102 companies remained unchanged.