Indices edge up amid low turnover
DSE turnover dropped by 16% to stand at Tk479.43 crore
Following the soaring of most stock in the last two consecutive sessions of profit-booking, the equity indices today upturned although turnover at the Dhaka Stock exchange (DSE) trading floor dropped by 16%.
In the first hour of the Thursday trading session, the DSE turnover stood at Tk479.43 crore.
During the period, the benchmark index of the Dhaka Stock Exchange, DSEX, gained 0.65% to reach 6,091.
DSE had 209 gainers against 113 losers, while prices of 47 scrips remained unchanged till 11am.
Meanwhile, Beximco Limited grabbed the top position on the DSE turnover chart with trade worth Tk42.34 crore, followed by Pioneer Insurance and Orion Pharma.
The insurance sector kept pace as share prices of most of the companies increased and investors got more returns from the hyped-up insurance stocks.
Besides, newly listed Bangladesh Monospool Paper Manufacturing Co Limited was placed on the top position in the script-wise gainer list with a 9.99% price hike.
The benchmark index CASPI at the Chittagong Stock Exchange (CSE) gained 52 points to close at 17,583 on 11am.
The port city bourse Chittagong Stock Exchange gained 52 points to close at 17,583 on 11:00 am.