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| :: Dhaka stocks steady amid marked rise in turnover ~ |
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Dhaka stocks remained steady Wednesday amid a significant rise in the turnover which crossed Tk 4.0 billion-mark on the back of huge trading of S Alam Steel and Summit Power issues.
The benchmark DSE General Index (DGEN) eased 3.67 points to close at 2443.25. The All Shares Price Index (DSI) shed 4.40 points and ended at 2028.89 and the DSE-20 blue chip index finished at 1875.95 with a loss of 15.53 points.
"Wednesday's important aspect was the significant rise in the turnover which is a welcome development as the transaction had gone below Tk 3.0 billion-mark in this week," said a market operator.
The total turnover on the penultimate day of the week jumped to Tk 4.10 billion against Tk 3.26 billion of the previous day.
Out of a total of 252 issues traded on the day, prices of 95 rose while 145 declined and 12 remained unchanged.
S Alam Steel was the top turnover leader with Tk 421.80 million traded followed by Summit Power worth Tk 399.32 million.
Per share of both S Alam and Summit Power rose by 14.78 per cent and 4.82 per cent to close at Tk 702.50 and Tk 1141.50 respectively.
The share price of the Aftab Automobiles rose to Tk 1298.00 per share on the news that its board of directors decided to invest in Navana CNG Limited for acquisition of 4,500,000 shares with a face value of Tk 10 each (15 per cent of total holdings) from Shafiul Islam, Chairman of Navana CNG Limited. |
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