DHAKA, Dec 15, 2017 (BSS) – 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.
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 percent 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 Taka 604.63 billion which was 60.24 percent and 142.90 percent 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 in a stable position,” DSE former president Ahsanul Islam Titu told BSS here today.
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 BSS here today.
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 percent and 29.77 percent 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 percent and 22.43 percent 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.
The total number of listed securities in Chittagong Stock Exchange (CSE) also stood at 304 at the end of September 2017. During the period July to September 2017, a total of 1495.48 million shares were traded as against 921.33 million shares during April to June 2017 and 504.14 million shares during the same period o the previous year. It was 62.32 percent and 196.64 percent higher than that of preceding quarter and the same period of the previous year respectively.
All share price index of CSE stood at 18,881.60 points at the end of September 2017, which was 7.79 percent and 30.85 percent higher than 17,516.71 points and 14,429.44 points at the end of June 2017 and September 2016 respectively.