Stock turnover drops below Tk 10b-mark on budget day
Dhaka, June 1 -- The daily turnover on the Dhaka bourse dropped below Tk 10 billion-mark on Thursday as investors mostly followed cautious stance just ahead of national budget declaration.
Finance Minister AHM Mustafa Kamal is all set to unveil the national budget for the fiscal year (FY) 2023-24.
Turnover, the crucial indicator of the market, stood at Tk 9.98 billion, a 17 per cent lower over the previous day's six seven months' highest turnover of Tk 11.98 billion.
The market index, however, posted gain as some optimistic investors chased lucrative shares in anticipation of quick gains.
Following the previous day's modest correction, the market opened on a positive note which continued until the end of the session.
DSEX, the prime ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.