Thursday, January 13 2022, 7:56 pm

DSE hits highest single-day turnover in 6 months

Country’s capital bourse Dhaka Stock Exchange (DSE) registered a highest single-day turnover in six-month on Monday although the core index slipped to downbeat skidding off a two-day winning spell, reports BSS.

The turnover, a crucial indicator of the market, soared to Taka 5.95 billion that was 55 percent higher than of the previous day’s Taka 3.84 billion, as the risk-averse investors showed selling rush for large-cap shares.

Market analysts said it was also the highest single-day turnover more than six months since March 13 this year when turnover totaled Taka 7.08 billion.

The market opened on negative note and the downward trend continued until end of the session amid modest volatility in the mid-session.

The broad index, DSEX closed in red at 4947.63 points with a loss of 28.09 points or 0.56 percent from the previous day.

In addition, the two selective indices, DSE30 declined by 8.01 points while DSES decreased by 10.83 points to stand at 1759.96 points and 1138.70 points respectively.

Most of the large cap sectors showed negative movement today. Among the large cap sectors, textile exhibited highest negative movement with 2.02% loss.

On the DSE trading floor, a total number of 136,263 trades were executed in today’s trading session with a trading volume of 228.24 million securities.

Losers took a strong lead over the gainers as out of 354 issues traded, 92 securities gained price while 221 declined and 41 remained unchanged.

Micro Web Technology

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