DSE turnover crosses Tk1000 crore-mark

Economic Correspondent: The Dhaka Stock Exchange (DSE) turnover has been crossed Tk1000 crore-mark in the second day of the current week.

The today`s DSE turnover was 10,023.39 while it was 7,884.19 million in the previous day.

The DSE turnover recorded Tk10,023.39  crore, highest since October 16 last year.

A total of 319 issues traded on the day. Of which, 169 closed in green, 113 in red while 37 remained unchanged.

Factors like recent subdued political unrests and declining interest rate have promoted investors to pour funds on stocks, leading to higher turnover.

In terms of turnover, the DSE`s major companies are included-KPCL, Summit Power, Grameen Phone, Beximco Limited and United Power.

According to the DSE sources, the high turnover companies include-Union Capital, Golden Sons, National Housing and Rupali Bank while the poor turnover companies include- BSRM Limited, Imam Button, ACI Formulation, Summit Alliance Port and Standard  Insurance.

risingbd/ DHAKA/ June 1, 2015/ Niaz/ Mahfuz