On 15th November, Islami Bank Bangladesh Ltd (IBBL), the country’s largest private sector lender, saw Tk256 crore worth of its shares traded on the Dhaka Stock Exchange (DSE) through the block market. This substantial block trade fueled an impressive 89% surge in the DSE’s overall turnover, reaching Tk645 crore compared to the previous trading session.
Transactions involving Islami Bank shares accounted for approximately 40% of the total turnover. A total of 7.87 crore shares were traded at Tk32.6 each, contributing to the market’s positive momentum. Despite ongoing macroeconomic challenges and political tensions ahead of the national election, the DSE’s benchmark index, DSEX, advanced by 8.4 points, settling at 6,258, with investors showing interest in specific issues and large-cap scrips.