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DSE turnover exceeds TK 4b mark

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Business Desk :

The Dhaka Stock Exchange (DSE) on Tuesday extended their winning streak, with a turnover crossing Tk 4 billion-mark, as buyers showed their interest in certain scrips by capitalizing on the recent corrections.

DSEX, the broad index of the Dhaka Stock Exchange, inched up by 8.4 points or 0.2% to settle at 5,199 points, as against 5,191 points in the previous trading session, reports BSS.

The market opened on a positive note, pulling the benchmark index to an intraday high of 5,217 points as buyers continued to take positions. However, selling pressure later eroded the initial optimism, dragging down the benchmark index to an intraday low of 5,195 points.

Finally, buyers returned to rescue the market, leading the benchmark index to extend its gaining streak for two consecutive sessions.

Market turnover also increased by 22.0% to Taka 4.1 billion as against Taka 3.4 billion in the previous session. On the sectoral front, Food (16.4%) issues exerted the highest turnover, followed by Pharma (14.5%) and Textile (11.2%) sectors.

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