Weekly Turnover: Listed mutual funds see 4.7pc rise

Stocks witnessed yet another 'upbeat week' that ended Thursday. Week-on-week, DSEX went up by 29.84 points or 0.64pc to finish the week at eight and half months high at 4,695.19. It was the highest level of DSEX since January 19.

The total turnover for the week stood at Tk 33.60b, which was 31.22pc higher than the previous week's Tk 25.61b as last week saw six trading sessions instead of previous week's five. The daily turnover averaged Tk 5.60b, registering an increase of 9.35pc over the previous week's average of Tk 5.12b. 

The investors' attention was mostly focused on engineering, fuel and power and NBFI- the sectors that accounted for 16pc, 13pc and 12pc respectively of the week's total turnover value.

The gainers took a strong lead over the losers as out of 327 issues traded, 212 closed higher, 102 lower and 13 remained unchanged on the DSE trading floor last the week. The total market capitalisation of the DSE also rose 0.54pc last week as it was Tk 3,264.29b on the opening day of the week and it stood at Tk 3,281.91b on closing day of the week.

The newly-listed Yeakin Polymer dominated the week's turnover chart with about 24.28m shares worth Tk 978m changing hands, closely followed by LankaBangla Finance with Tk 969m, Bangladesh Submarine Cable Company Tk 757m, MJL BD Tk 734m and Bangladesh Shipping Corporation Tk 631m.