Stock market turnover hits Tk 757 crore as indices rise
Graphics: Agamir Somoy
The country’s stock market ended Wednesday, the fourth trading day of the week, on an upward trend. The benchmark index of the Dhaka Stock Exchange (DSE) gained 8 points. Turnover also increased, while the share prices of most companies and mutual fund units rose.
At the end of the session, the DSE’s benchmark index, DSEX, gained 8 points from the previous trading day to settle at 5,445 points. The DSE Shariah Index rose 1 point to 1,055 points, while the DSE-30 Index gained 1 point to stand at 2,059 points.
Shares and units of 388 companies and mutual funds were traded on the DSE throughout the day. Of them, prices of 181 advanced, 151 declined and 56 remained unchanged.
The DSE recorded a total turnover of Tk 757 crore 66 lakh in shares and units on Wednesday, up Tk 99 crore 16 lakh from the previous trading day. Turnover stood at Tk 658 crore 50 lakh on the previous day.
Meanwhile, the overall index of the Chittagong Stock Exchange (CSE), CASPI, rose 19 points to settle at 14,526 points. Shares and units of 180 companies were traded on the CSE during the day. Of them, prices of 90 advanced, 59 declined and 31 remained unchanged. The CSE recorded a total turnover of Tk 17 crore 26 lakh.
IPDC Finance PLC topped the DSE turnover chart, with shares worth Tk 32 crore 38 lakh 96 thousand changing hands. Shahjibazar Power ranked second with a turnover of Tk 20 crore 69 lakh 44 thousand. Envoy Textiles Limited came third with shares worth Tk 19 crore 71 lakh 56 thousand traded.
The other companies on the list of top turnover contributors were Dorin Power Generations, Saiham Textile, Malek Spinning Mills, Dominage Steel Building Systems, Intraco Refueling, Baraka Patenga Power Limited and Matin Spinning Mills PLC.
Aman Cotton Fibrous Limited topped the DSE gainers’ list, with its share price rising 9.82 percent. A total of 831,187 shares of the company changed hands in 668 transactions, with a market value of Tk 1 crore 99 lakh.
EnergyPac Power Generation ranked second, with its share price increasing 9.81 percent. A total of 1,281,182 shares of the company were traded in 1,079 transactions, with a market value of Tk 2 crore 20 lakh.
SEML Growth Fund ranked third, with its unit price rising 9.38 percent. A total of 6,200,968 units of the fund changed hands in 341 transactions, with a market value of Tk 4 crore 30 lakh.
Other notable gainers included LankaBangla Finance, which rose 7.52 percent, National Feed Mills 7.25 percent, Saiham Textile 7.01 percent, Prime Finance First Mutual Fund 6.97 percent, Square Textiles 6.95 percent, Phoenix Finance First Mutual Fund 6.80 percent and MBL First Mutual Fund 6.33 percent.
On the other hand, Meghna Cement Limited topped the losers’ list, with its share price falling 4.38 percent from the previous trading day. A total of 2,148 shares of the company were traded in 34 transactions, with a market value of Tk 6 lakh.
R S R M Steel ranked second among the top losers, with its share price declining 4.35 percent. A total of 30,870 shares changed hands in 51 transactions, with a market value of Tk 2 lakh.
C and A Textiles ranked third, with its share price dropping 4 percent. A total of 226,869 shares of the company were traded in 88 transactions, with a market value of Tk 5 lakh.
Other notable decliners included ICB Islamic Bank, which fell 4 percent, Regent Textile 3.85 percent, Sena Insurance 3.70 percent, KDS Accessories 3.58 percent, Silva Pharmaceuticals 3.15 percent, Silco Pharmaceuticals 3.14 percent and Khan Brothers PP Woven Bag 3.13 percent.
