Turnover at the Dhaka Stock Exchange (DSE) hit a decade-high today thanks mainly to the higher participation of buoyant investors.
The important indicator of the market soared 30 per cent to Tk 2,700 crore, crossing the previous decade-high of Tk 2,669 crore recorded on June 6.
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Investors have confidence on the market, so they are participating in the market with the belief that the upward trend would sustain this year, according to market analysts.
The DSEX, the benchmark index of the DSE, surged 31 points, or 0.52 per cent, to 6,055.
At the DSE, 208 stocks advanced, 124 fell and 37 remained unchanged.
VFS Thread topped the gainers’ list that rose 10 per cent on the DSE floor followed by Popular Life Insurance, Reliance Insurance, Index Agro Industries, and Islamic Finance & Investments.
Beximco Ltd became the top traded stock with shares worth Tk 155 crore changing hands followed by LankaBangla Finance, National Polymer, National Feed Mills, and Pioneer Insurance.
Federal Insurance shed the most that lost 7.39 per cent followed by Dhaka Insurance, Crystal Insurance, Islami Insurance, Asia Insurance and Agrani Insurance.
The Chittagong Stock Exchange (CSE) also surged. The CASPI, the general index of the port city bourse, rose 84 points, or 0.48 per cent, to 17,515.
Among the traded 309 stocks, 182 rose, 96 fell and 31 remained unchanged.
