The New Nation - Internet Edition

UNB, Dhaka

The Dhaka Stock Exchange (DSE) witnessed a huge turnover last week ended Thursday with the highest turnover of Tk 409 crore on a single-day Tuesday amid good corporate declarations. "There had been new investments in the market this week with the corporate declarations," a stockbroker told UNB, adding that some investors took profit out of the declarations while some others went for the shares with an expectation of profit in the long term. "It's a sign of market stability and maturity…both the buyers and sellers were almost equally active," he said.

Although the indices declined during the weeks trading due to price corrections after dividend adjustments, all the necessary indicators, including corporate declarations, stock dividends, profitability of shares and price corrections showed a healthy market sign. Besides, according to a fund manager, investors had been mostly active in good shares as top 10 companies share about half of the total turnover.

Of which, top two companies share the half of the turnover. "Investors bought good shares on a long-term expectation, which is also a good sign for the market," he added.