& çâÌæÚUæð´ ·¤è ¥ôÚU Îð¹Ùæ ÁæÚUè ÚU¹ð´ ¥ÍæüÌ ¥ÂÙð ÜÿØ ÂÚU ŠØæÙ ÚU¹ð´Ð ãæÚU Ù ×æÙð´, €UØô´ç·¤ ·¤æ× ·¤ÚUÙð âð ¥æÂ·¤ô ©gðàØ ·¤è Âýæç# ãôÌè ãñ ¥õÚU ÁèßÙ ·¤æ ¹æÜèÂÙ ÎêÚU ãôÌæ ãñÐ ÖÜð ãè ÁèßÙ ×ð´ ç·¤ÌÙè Öè ·¤çÆÙæ§ü €UØô´ Ù ¥æ°, çÁ™ææâæ ¥õÚU ©ˆâæã ÕÙæ° ÚU¹ð´Ð ŠØæÙ ÚU¹ð´, ÜÿØ ã×ðàææ ¥æÂ·Ô¤ Âæâ ãôÌð ãñ´ çÁ‹ãð´ ÂæÙð ·Ô¤ çÜ° ÂýØæâ ¥æÂ ·¤Öè Öè àæéM¤ ·¤ÚU â·¤Ìð ãñ´Ð

Stock turnover soars to seven-month high

Star business Report
Turnover on the Dhaka Stock Exchange yesterday hit a seven-month high amid fresh buying among small and institutional investors who expected the rising trend would continue.
The total turnover on the premier bourse stood atTk 1,765 crore, registering a 27.2 percent rise from the previous day. The DSE had its previous best value of transaction at Tk 1,783 crore on December 30 last year.
The General Index of Dhaka Stock Exchange (DGEN) rose 31 points or 0.47 percentto 6,619.
The Selective Categories Index of Chittagong Stock Exchange (CSCX) also added 87 points or 0.72 percent, to close at 12,115.
The finance minister however said stability is there in the stockmarket, and offloading of shares of state-owned enterprises has already started to continue the trend of stability.
AMA Muhith spoke to a team of Bangladesh Association of Publicly Listed Companies at a meeting yesterday.
Salman F Rahman, president of the
association, urged the minister to offload shares of state enterprises to increase supply to the market.
Rahman said shares offloaded by different companies are different in proportions in the market, but tax benefits are the same for all listed companies, which is discriminatory. “The discrimination must be removed,” he said.
The DGEN witnessed a steep rise during the opening hour of trading and gained more than 1.21 percent or 80 points within the first five minutes.
Prof Salahuddin Ahmed Khan, who teaches finance at Dhaka University, said it is a matter of thinking that some low-profile shares behaved abnormally without any price sensitive news in the market.
Grameenphone, which represents the telecoms sector, gained 2 percent, boosted by the nation's largest mobile phone operator's interim dividends of 140 percent.
Of the total 262 issues traded on the DSEfloor, 127 advanced, 127 declined and eight remained unchanged.
The banking sector gained 0.73 percent, making 29.8 percent of the total market capitalisation, non-bank financial institutions 0.03 percent and fuel and power 1.41 percent, while pharmaceuticals lost 0.53 percent.
Federal Insurance was the biggest gainer, posting a 9.5 percent rise as the Securities and Exchange Commission has given the green light to rights shares, while ICB AMCL Mutual Fund was the worst loser, slumping by 3.82 percent.
United Airways topped the turnover leaders with 13.12 lakh shares, worth Tk 69.97 crore changing hands.
The other turnover leaders were One Bank, GP, Social Islami Bank, Beximco, RN Spinning Mills, MI Cement Factory, United Commercial Bank, MJL Bangladesh and First Lease Finance and Investment.