Record transaction on DSE

Daily transaction value surges to Tk 1,478.18cr while block trade contributed to about Tk 841 crore

With the transaction of over 37 crore shares, the daily trade volume at the Dhaka Stock Exchange (DSE) surged to a new high yesterday, taking the trade value to about five-years' highest and the major price index to 13-months' peak as well, report agencies.
The daily transaction volume reached 37.97 crore shares, which was the highest after 30.14 crore shares of October 3, 2012. The transaction value also surged to Tk 1,478.18 crore, while block trade contributed to about Tk 841 crore.  
This was highest after Tk 1,341.26 crore, traded on July 31, 2011. 
United Enterprises & Company, one of the corporate sponsors of the Khulna Power Company, sold the entire holding of 127,489,455 shares of the company at a price of Tk 65 each in the block market, totaling above Tk 828 crore alone. A block trade is an order or trade submitted for the sale or purchase of a large quantity of securities. 
A block trade also involves a significantly large number of equities or bonds being traded at an arranged price between two parties, sometimes outside of the open markets to lesson the impact on the security price.
DSEX, the major price index of DSE, added 15.14 points at close to finish the day at 4765.36 which was higher after October 13, 2015 when it closed at 4,779.66. 
But the DSES for Shariah-based companies and DS30 for the blue-chip scrips finished the day slightly down at 1,129.20 and 1764.07 points respectively.
Out of the day's 321 traded issues, 161 gained against 120 losing securities. The large-cap securities were on the top of the recovery trend, with 127 securities of this cap category closing higher.
The day's major gainers were Generation Next, Dragon Sweater, Miracle Industry, Fuwang Ceramics and Keya Cosmetics. The major losers included National Tubes, Ambee Pharma, IDLC, Global Heavy Chemical and Emerald Oil.
National Tubes topped the turnover leaders followed by AB Bank, Beximco Limited, Doreen Power, Golden Harvest and Square Pharma.
Chittagong Stock Exchange (CSE) also recovered significantly, with its CASPI index ending 59.68 points up at 14,669.59.
The daily trade value rose to Tk 48.61 crore and the volume was 2.53 crore shares. Out of the traded 257 issues, 134 closed up against 95 lagging securities.

Record transaction on DSE

Daily transaction value surges to Tk 1,478.18cr while block trade contributed to about Tk 841 crore

With the transaction of over 37 crore shares, the daily trade volume at the Dhaka Stock Exchange (DSE) surged to a new high yesterday, taking the trade value to about five-years highest and the major price index to 13-months peak as well, report agencies. The daily transaction volume reached 37.97 crore shares, which was the highest after 30.14 crore shares of October 3, 2012. The transaction value also surged to Tk 1,478.18 crore, while block trade contributed to about Tk 841 crore. This was highest after Tk 1,341.26 crore, traded on July 31, 2011. United Enterprises Company, one of the corporate sponsors of the Khulna Power Company, sold the entire holding of 127,489,455 shares of the company at a price of Tk 65 each in the block market, totaling above Tk 828 crore alone. A block trade is an order or trade submitted for the sale or purchase of a large quantity of securities. A block trade also involves a significantly large number of equities or bonds being traded at an arranged price between two parties, sometimes outside of the open markets to lesson the impact on the security price. DSEX, the major price index of DSE, added 15.14 points at close to finish the day at 4765.36 which was higher after October 13, 2015 when it closed at 4,779.66. But the DSES for Shariah-based companies and DS30 for the blue-chip scrips finished the day slightly down at 1,129.20 and 1764.07 points respectively. Out of the days 321 traded issues, 161 gained against 120 losing securities. The large-cap securities were on the top of the recovery trend, with 127 securities of this cap category closing higher. The days major gainers were Generation Next, Dragon Sweater, Miracle Industry, Fuwang Ceramics and Keya Cosmetics. The major losers included National Tubes, Ambee Pharma, IDLC, Global Heavy Chemical and Emerald Oil. National Tubes topped the turnover leaders followed by AB Bank, Beximco Limited, Doreen Power, Golden Harvest and Square Pharma. Chittagong Stock Exchange (CSE) also recovered significantly, with its CASPI index ending 59.68 points up at 14,669.59. The daily trade value rose to Tk 48.61 crore and the volume was 2.53 crore shares. Out of the traded 257 issues, 134 closed up against 95 laggingsecurities.