Total trade volume of the Dhaka Stock Exchange (DSE) has increased by 193.67 percent during July to September period in the year compared to the same period of the previous year 2016, reports BSS.

During the period July to September 2017, a total number of 19.41 billion shares were traded as against 6.61 billion shares during the same period of the previous year, according to a Bangladesh Bank (BB) data.

The figure was also 74.44 per cent higher than the preceding quarter as a total number of 11.13 billion shares were traded during April to June 2017.

During the period of July to September 2017, the total turnover value of traded shares was Tk 604.63 billion which was 60.24 per cent and 142.90 per cent higher than that of the preceding quarter and the same quarter of the previous year respectively.

“In 2010, Bangladesh Securities and Exchange Commission (BSEC) took a package of reform programme to bring back the

confidence of investors to the stock markets. As a result, the markets have become

stable” DSE former president Ahsanul Islam Titu told the news agency in the capital yesterday.

He said the government is organising ‘Investor Day’ every year and has launched the financial literacy program to build a strong capital market to boost economic development in the country.

“Due to the government’s time befitting initiatives, stock markets are gradually becoming a lucrative position for the both local and foreign investors. Now investors are showing keenness to invest in the stock markets,” Azam Securities Limited Managing Director Ahmed Kabir Majumder told the news agency yesterday.

He expressed the hope that the position of the stock market will increase further in future.

According to BB data, both stock markets exhibited upward trend in terms of index and turnover compare to the previous quarter.

All share price index of DSE (DSEX) increased to 6,092.84 points at the end of September 2017, which was 7.72 per cent and 29.77 per cent higher than 5,656.05 points at the end of June 2017 and 4,695.19 points at the end of September 2016.

DS30 index also went up to 2,177.62 points at the end of September 2017, which was 4.05 per cent and 22.43 per cent higher than 2,083.80 and 1,778.70 points at the end of June 2017 and September 2016 respectively.

Shariah compliant index named DSES increased to 1,345.86 points at the end of September 2017 which was 1296.74 points at the end of June 2017 and 1125.86 points at the end of September 2016.