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Indices Declines yet Turnover Surge: DSE Weekly Insights
Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a drop in Indices, & Market Capitalization throughout the whole week, on the other hand Turnover hikes. This information was disclosed in the weekly market review from the DSE.
According to sources, (5 working days) the turnover of DSE lost by Tk 375 crore 75 lakh (June 9 – June 13). At the same time, the market capitalization has decreased by 12 thousand 884 crore 5 lakh taka.
The benchmark index ‘DSEX’ dropped by 79.71 points or 1.47 percent, in the outgoing week. At the end of the week, the index stands at 5,413 points. The Shariah-based index ‘DSES’ lost 17.99 points or 1.52 percent and therefore the index stands at 1,183 points. The blue-chip index ‘DS30’ decreased by 31.92 points or 1.65 percent, hence the index stands at 1,932 points.
Shares and units worth 2 thousand 394 crore 60 lakh taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 6 lakh 53 thousand 368 crore 10 lakh taka.
Shares and units of 397 companies were traded on Bourse during the week. Of these, 21 shares were unchanged, 327 companies declined, and 49 companies advanced.
Techno Drugs Limited has ranked at the top of weekly trading on DSE. The Company records an average turnover of 32 crore 44 lakh taka.
Techno Drugs Limited ranked at the top of weekly gainers on DSE. The share has risen 81.43 percent to its highest price.
Padma Life Insurance Limited has ranked at the top of weekly losers on DSE. The share has dropped 19.60 percent lowest in the last week.
The Bangladesh Meteorological Department (BMD) has forecasted light to moderate rain or thundershowers accompanied by temporary gusty winds at most places across the Rangpur, Rajshahi, Mymensingh, Dhaka, Khulna, Barishal, Chattogram, and Sylhet divisions. Some areas may experience moderately heavy to very heavy rainfall, according to their latest weather bulletin released on Thursday.
Day and night temperatures are expected to remain nearly unchanged across the country.
The highest rainfall in the country over the past 24 hours was recorded in Kumarkhali, with 104mm of rain by 6 a.m. on Thursday.
The axis of the monsoon trough extends from India’s Madhya Pradesh, Odisha, and West Bengal to Assam, passing through Bangladesh, with one of its associated troughs stretching into the North Bay of Bengal.
The monsoon remains active over Bangladesh and moderate to strong over the North Bay region.
The Bangladesh Meteorological Department (BMD) has forecasted that the mild heat wave currently affecting parts of the country, including the capital, is expected to subside in most areas within the next 24 hours, starting from 9 am today.
“A mild heat wave is sweeping across the divisions of Rangpur, Rajshahi, Dhaka, Mymensingh, and Sylhet, as well as the districts of Jashore, Chuadanga, and Kushtia. It is likely to ease in most regions,” the department reported.
In addition, BMD predicted light to moderate rainfall or thundershowers, accompanied by temporary gusty winds, across most of Rangpur, Rajshahi, Dhaka, Mymensingh, Khulna, Barishal, Chattogram, and Sylhet divisions. Some areas are expected to experience moderate to very heavy rainfall.
Temperatures across the country may drop by 1-2 degrees Celsius during both day and night.
On Monday, Dinajpur in the Rangpur division recorded the country’s highest temperature at 38.6°C, while Bandarban in the Chattogram division saw the lowest temperature at 24.6°C early today.
Meanwhile, rainfall recorded in the past 24 hours, ending at 6 am today, reached 66 mm in Nikli of Dhaka Division.
The sunset in Dhaka is at 5:53 pm today, and sunrise is expected at 5:49 am tomorrow.
Two separate murder cases were filed today in connection with the deaths of a private service holder and a Madrasa student during the anti-discrimination student movement.
The first case was lodged by Ridwan Ahmed with Panchlaish police station, accusing former ministers Dr. Hasan Mahmud, Barrister Mohibul Hasan Chowdhury Naufel, and 127 others for the death of his nephew Sujan, 14. Sujan, the son of Belal Hossain from Beramara village in Noakhali’s Sadar Thana, was a student at Al Jamirul Hayat Madrasa in the city’s Chandgaon area. He was fatally shot in the Muradpur area on July 18.
The second case was filed by Jamal Uddin at Doublemooring police station, accusing 225 individuals, including Dr. Hasan Mahmud and Education Minister Barrister Mohibul Hasan Chowdhury Naufel, for the killing of his elder brother Alam, a private service holder, on August 5.
