Index, turnover fall at DSE

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Business Desk :
The turnover of the Dhaka Stock Exchange (DSE) dropped below Tk 1,000 crore on Tuesday, for the first time in nearly two months. Besides, the index of the premier bourse also fell at the end of the day’s trading.
Turnover, a major indicator of the stock market, was down 20 per cent to Tk 908 crore from the previous day’s Tk 1,140 crore. On January 2, the turnover was Tk 894 crore. The DSEX, the benchmark index of the DSE, edged down 8 points, or 0.12 per cent, to 6,917. On the Dhaka bourse, 173 stocks advanced, 154 declined and 49 remained unchanged.
ADN Telecom topped the gainers’ list rising 10 per cent followed by Apex Spinning, Meghna Pet Industries, Dragon Sweater & Spinning, and Peninsula Chittagong Hotel. Beximco Ltd was the most-traded stock with its shares worth Tk 64 crore changing hands. Orion Pharmaceuticals saw a turnover of Tk 35 crore, Fortune Shoes Tk 27 crore, Bangladesh Shipping Corporation Tk 22 crore and British American Tobacco Tk 20 crore. Aramit Cement shed the most, dropping 6.3 per cent. Zeal Bangla Sugar Mills, Samorita Hospitals, Tamijuddin Textiles, and Rangpur Foundry were also among heavy losers.

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