The turnover reached Tk 706.10 crore against Tk 486.43 crore the previous week. Rising by 16.13 percent, the daily average turnover in the week hit Tk 141.22 crore, which was Tk121.60 crore the previous week.

On February 5, the turnover recorded the all time high of Tk 159.20 crore.

Market analysts said the daily turnover will rise further in near future when Shahjalal Islami Bank will make its debut on the bourses.

The bank has already completed its subscription process to raise around Tk 94 crore from the stock market through initial public offering (IPO). Shahjalal Bank offered the largest banking sector IPO in the stock market.

On a week-on-week basis, the benchmark DSE General Index ended the week at 1854.91 points, up by 28.33 points or 1.55 percent over its close previous week, while the DSE All Share Price Index, which includes all categories shares on the premier bourse, rose by 5.05 points or 0.34 percent, closing at 1500.52 points on the last trading day.

Out of 263 issues, 238 were traded and of them 75 gained and 156 made losses with seven remained unchanged.

On the DSE last week, the total transactions rose by 25.03 percent. A total of 119,976,834 shares were traded on the bourse, while 95,955,077 shares changed hands the previous week.

The top ten turnover leaders of the week were Brac Bank, Power Grid Company of Bangladesh (PGCB), Dhaka Electric Supply Company, Grameen Mutual Fund One, AIMS First Mutual Fund, Summit Power, Pubali Bank, Square Textile, Lafarge Surma Cement and Rupali Bank.

Brac Bank topped the list of turnover leaders with 1,816,200 shares worth Tk 110.99 crore, accounting for 15.72 percent of the total market turnover.

Meanwhile, price indices closed mixed on the Chittagong Stock Exchange (CSE) last week.

At the end of the week, closing at 4162.21 points the CSE All Share Price Index dropped by 1.2025 percent while the CSE Selective Categories Index marginally gained by 0.05 percent finishing the last trading day at 2751.81 points.

A total of 26,300,371 shares of 137 issues worth Tk 133.40 crore were traded. Of the issues traded, 32 advanced, 93 declined and 12 remain unchanged.

The top ten turnover leaders of the week were Brac Bank, Rupali Bank, Pubali Bank, Grameen Mutual Fund One, Bextex, AIMS First Mutual Fund, Jamuna Bank, PGCB, Southeast Bank and Lafarge Surma Cement.

Brac Bank topped the turnover list with 368,450 shares worth Tk 22.47 crore.

At the end of week, the market capitalisation on the DSE stood at Tk 38,037 crore while the capitalisation on the CSE stood at Tk 30,724 crore.