BMirror Desk:
The Dhaka Stock Exchange (DSE) witnessed a rise in daily trade turnover on Tuesday, surpassing the 11 billion taka mark for the first time. This is a positive indicator of market activity, even though the broader market indices closed slightly lower.
The total turnover on the DSE reached Taka 11.08 billion, compared to Taka 10.95 billion recorded on the previous trading day. However, the benchmark DSEX index dipped by a marginal 0.03%, closing at 5,725.28 points.
Other key indices also experienced a slight decline. The DSE 30 Index, which tracks the performance of blue-chip companies, fell by 6.43 points to settle at 2,040.38. Similarly, the DSE Shariah Index (DSES), which reflects Islamic finance principles, closed at 1,255.02 points, down 6.48 points.
Despite the downward trend in major indices, some individual stocks managed to gain ground. Out of the 394 securities traded on the DSE, 131 closed higher, while 222 experienced price declines.
The Chittagong Stock Exchange (CSE) mirrored the DSE’s trend, with its main CASPI index closing lower by 34.50 points at 16,396.41. Similar to the DSE, trading activity on the CSE involved a mix of gainers and losers, with 111 out of 244 traded issues closing higher.
While the market experienced a slight pullback in terms of indices, the surge in daily turnover on the DSE suggests continued investor participation. Market analysts will be closely monitoring future trading sessions to assess if this rise in turnover signifies a potential shift in market sentiment or is an isolated event.
