DSE turnover drops to 4-month low

The Dhaka Stock Commerce (DSE) witnessed its lowest turnover in four months, signalling a downturn in market exercise.

The turnover on the DSE dropped by 5% to Tk278 crore this day (9 December), marking the lowest diploma because the intervening time govt took sign following the ousting of the Sheikh Hasina-led administration.

The previous lowest turnover was recorded at Tk207 crore on 4 August this year.

Analysts attribute the hunch to cautious investor sentiment amid economic uncertainty and home concerns.

On the day, the benchmark index DSEX of the DSE also dropped 14 parts to set up at 5,166, whereas the blue-chip DS30 fell by 4 parts to prevent at 1,904.

Among the many traded stocks, 126 evolved, whereas 179 declined and 90 remained unchanged.

Fundamentally damaged-down companies, fair like Salvo Chemical, Linked Oxygen, and Miracle Industries, topped the gainers’ chart, whereas natty-cap stocks underperformed, reflecting a lack of investor passion in extra important market segments.