Dhaka bourse’s index rises, but turnover falls 23pc

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Business Desk :
Turnover at the Dhaka Stock Exchange (DSE) dropped 23 per cent on Tuesday, but the index experienced a slight rise from the previous day. The DSEX, the benchmark index of the DSE, rose 19 points, or 0.06 per cent, to 6,392.
The bourse’s turnover hit Tk 637 crore on Tuesday, down from the previous day’s Tk 836 crore.
At the DSE, 137 stocks advanced, 195 declined and 43 remained unchanged.
Sonar Bangla Insurance topped the gainers’ list that rose 9.93 per cent. Rahima Food Corporation, Islami Insurance, Sonargaon Textiles, and City General Insurance were the other gainers.
Provati Insurance shed mostly that dropped 5.84 per cent. VFS Thread Dyeing, Golden Harvest Agro Industries, Bangas Ltd and Bangladesh Shipping Corporation were the other companies in the loser tally.
Beximco Ltd became the most traded stock with shares worth Tk 51 crore changing hands followed by Orion Pharmaceuticals, Fu Wang Food, GSP Finance, and Beximco Pharmaceuticals.
The Chittagong Stock Exchange (CSE), however, dropped on Tuesday. The CASPI, the all share price index of the port city bourse, fell 35 points, or 0.18 per cent, to 18,667.
Among the 279 stocks traded, 86 advanced, 162 fell and 31 remained the same.

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