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Bearish Week for DSE as Market Seen Sharp Drop

index turnover dse bourse

Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a massive drop in Turnover, Index & Market Capitalization. This information was disclosed in the weekly market review from the DSE.

According to sources, (4 working days) the turnover of DSE dropped by Tk 581 crore 8 lakh (13 August – 17 August). At the same time, the market capitalization has also lost by 2 thousand 163 crore 52 lakh 78 thousand 868 taka.

The benchmark index ‘DSEX’ lost by 42.42 points or 0.67 percent, in the outgoing week. At the end of the week, the index stands at 6,254 points. The Shariah-based index ‘DSES’ dropped 9.95 points or 0.73 percent and therefore the index stands at 1,358 points. The blue-chip index ‘DS30’ decreased 21.27 points or 0.99 percent, hence the index stands at 2,121 points.

Shares and units worth 1 thousand 490 crore 33 lakh taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 7 lakh 73 thousand 335 crore 94 lakh 35 thousand 612 taka.

Shares and units of 403 companies were traded on Bourse during the week. Of these, 229 shares were unchanged, 135 companies declined, and 27 companies advanced.

Fu Wang Foods Limited has ranked at the top of weekly trading on DSE. It is known that 3 crore 15 lakh 93 thousand 859 shares of the company were traded throughout the week. Its market value is 89 crore 32 lakh takas.

Simtex Industries has ranked at the top of weekly gainers on DSE. It is known that the share traded a total of Tk 15 crore 60 lakh, which is an average of 3 crore 90 lakh per day. The share has risen 19.93 to its highest price.

Imam Button Industries Limited has ranked at the top of weekly losers on DSE. It is known the share traded a total of Tk 3 crore, which is an average of 75 lakh shares per day. The share has dropped 16.68 percent lowest in the last week.

/NR

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