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Turnover Plunges, Index Diverges, yet Market Capitalization Soars, says DSE Weekly Reports

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Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a drops in turnover & hikes in Market Capitalization. On the other hand, Index performed mixed. This information was disclosed in the weekly market review from the DSE

According to sources, (5 working days) the turnover of DSE dropped by Tk 277 crore 67 lakh 28 thousand 953  (14 May – 18 May). At the same time, the turnover has gained by 4 housand 531 crore 11 lakh 62 thousand 885 taka.

The benchmark index ‘DSEX’ increased by 17.77 points or 0.28 percent, in the outgoing week. At the end of the week, the index stands at 6,290 points. The Shariah-based index ‘DSES’ dropped 3.75 points or 0.27 percent and therefore the index stands at 1,368 points. The blue-chip index ‘DS30’ gained 0.93 points or 0.04 percent, hence the index stands at 2,195 points.

Shares and units worth 3 thousand 957 crore 35 lakh 53 thousand 591 taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 7 lakh 66 thousand 106 crore 74 lakh 95 thousand 371 taka.

Shares and units of 402 companies were traded on DSE during the week. Of these, 205 shares were unchanged, 74 companies declined, and 109 companies advanced.

Bangladesh Shipping Corporation has ranked at the top of weekly trading on DSE. It is known that 1 crore 34 lakh 80 thousand 996 shares of the company were traded throughout the week. Its market value is 178 crore 59 lakh 25 thousand takas.

Read More: Weekly Bourse Performed Mixed

Trust Islami Life Insurance Limited has ranked at the top of weekly gainers on DSE. It is known that the share traded a total of Tk 44 thousand, which is an average of 8 thousand 800 per day. The share has risen 27.70 pc to its highest price.

National Tea Company Limited has ranked at the top of weekly losers on DSE. It is known the share traded a total of Tk 2 crore 18 lakh 89 thousand, which is an average of  43 lakh 77 thousand 800 shares per day. The share has dropped 15.68 percent lowest in the last week.

/NR

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