DSE turnover hits one-year low

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Business Desk :
The prime index of the Dhaka Stock Exchange dropped for the second consecutive day on Tuesday when its turnover hit a one-year low.
The DSEX, the benchmark index of the DSE, went down 26 points, or 0.36 per cent, to 6,694 at the end of the day.
The turnover, an important indicator of the market, hit Tk 575 crore on Tuesday, which is 7 per cent lower than the previous day’s Tk 620 crore.
It was the lowest turnover since April 13 of 2021 when turnover was Tk 556 crore.
At the DSE, 51 stocks advanced, 286 dropped and 44 remained unchanged.
Both the DS30, the blue-chip index, and the DSES, the Shariah-based index, dropped 4 points and 1 points respectively.
JMI Hospital Requisite Manufacturing topped the gainers’ list with a 10 per cent rise. Rangpur Foundry, Gemini Sea Foods, Apex Tannery, and VFS Thread also saw major gains.
Fortune Shoes shed the most, dropping 2 per cent. Savar Refractories, Reckitt Benckiser Bangladesh, Sonali Paper, and Syampur Sugar Mills were among the heavy losers.
Beximco Ltd became the most traded stock with shares worth Tk 48 crore changing hands followed by LafargeHolcim Bangladesh, IPDC Finance, GSP Finance, and VFS Tread.
The Chittagong Stock Exchange (CSE) also fell on Tuesday. The CASPI, the main index of the CSE, edged down 54 points, or 0.27 per cent, to close the day at 19,646.
Of the 284 stocks traded, 61 rose, 193 fell, and 30 did not see any price movement.

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