The daily turnover of Dhaka Stock Exchange (DSE) on Sunday crossed Tk2,500 crore-mark, the highest in the last 9.5 years, thanks to the block transactions of the GlaxoSmithKline Bangladesh Limited.
It also happens to be the biggest single-day transaction since December 6, 2010, when the turnover totalled a record Tk2,710 crore.
The turnover of the bourse stood at Tk2,543.3 crore during the session, which was Tk68.4 crore in the previous session. The benchmark index of DSE – DSEX – closed on Sunday at 3,974.2 points after gaining 4.94 points or 0.12% during the session.
SETFIRST Limited sold 9,875,144 shares to Unilever Overseas Holdings BV at a stock price of Tk2,046.3 in the block market, as per the indication published earlier on Thursday.
The benchmark index of DSE – DSEX – closed on Sunday at 3,974.2 points after gaining 4.94 points or 0.12% during the session.
Throughout Sunday’s trading sessions, the trading floor witnessed an unprecedented upsurge in turnover by 3620.5% on the day, mainly triggered by GlaxoSmithKline’s share transfer to Unilever Overseas and United Power Generation block trade at prevailing market price, according to the daily market commentary by EBL Securities Ltd.
Among the traded issues, 44 gained, 12 declined and 235 remained unchanged during the session in Dhaka Stock Exchange while 29 gained, 9 declined and 99 remained unchanged in Chittagong Stock Exchange (CSE).
The pharmaceuticals sector contributed 53.9% of the total turnover in the open market while banking, telecom and power sectors contributed 12.7%, 8.8% and 7.8% respectively.
Beximco Pharmaceuticals secured the leadership position on the top turnover chart with a turnover of Tk9.7 crore with its share price closing at Tk66.2 per share. The stock was followed by GlaxoSmithKline with Tk7.7 crore, Bangladesh Submarine Cable Company with Tk4.9 crore, Indo-Bangla Pharmaceuticals with Tk3.2 crore and Square Pharmaceuticals with Tk2.9 crore.
Paramount Insurance secured the highest gain of 4.3% during the session. The stock was followed by Islami Bank Bangladesh (IBBL) with 4.2%, One Bank with 3.4%, Islamic Finance with 2.5% and ACI Ltd with 2.3%.
Export Import turned out the worst loser with its price declining by 7.5%. The stock was followed by The Dacca Dyeing with 4%, Bangladesh Welding Electrodes with 3.4%, AB Bank with 2.9% and National Life Insurance with 2.5%.
Chittagong Stock Exchange also registered an upward trend at the end of the session. The selected index, CSCX and CASPI increased by 11.8 and 21.9 points respectively. Its turnover stood at Tk 251 crore. ♦
