DSE gains 1% as market cap adds Tk 8,961 crore

Date:

Post View:

DSE gains 1% as market cap adds Tk 8,961 crore

B Mirror Report: Price indexes in the nation’s two stock markets rose over the last week (March 8–12), which led to an increase in investors’ investments or portfolios. The Dhaka Stock Exchange (DSE), the primary stock market, had a Tk 8,961 crore surge in investment during the week.

According to reports, the market capitalization of the DSE was Tk 6,97,951 crore at the beginning of the week. By the end of the last trading day of the week, it rose to Tk 7,06,912 crore. This means investors’ portfolios increased by Tk 8,961 crore, or 1 percent, over the week.

During the week, total turnover on the DSE was Tk 2,656.83 crore. In the previous week, turnover stood at Tk 3,482.45 crore. That means turnover declined by Tk 825.62 crore, or 24 percent, week-on-week.

Over the week, the benchmark index DSEX of the DSE increased by 128 points, or 2 percent, to close at 5,368 points. Among other indices, the Shariah Index rose by 31 points, or 3 percent, to 1,079 points.

During the week, shares and units of 389 companies were traded on the DSE. Among them, 324 companies (83.29%) saw their prices rise, 38 companies (9.76%) experienced a decline, and 27 companies (6.94%) remained unchanged.

Meanwhile, in the other stock market, the Chittagong Stock Exchange (CSE), total turnover during the week stood at Tk 166.53 crore. The CSE All Share Price Index (CASPI) increased by 155 points, or 1 percent, to 14,980 points.

Throughout the week, shares and units of 271 companies were traded on the CSE. Among them, 143 companies gained, 103 declined, and 25 remained unchanged.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Permanent embankment announced for Jamuna erosion in Tangail

Tangail, Correspondent: Water Resources Minister Shahid Uddin Chowdhury Annie...

Spice market sees Surge in business ahead of Eid-ul-Azha

Bangladesh’s spice market has witnessed a sharp rise in...

Leather industry urges urgent policy support amid deepening crisis

Leaders and experts in Bangladesh’s leather sector have called...

Midland Bank gets approval to Issue Tk 19.76 cr shares

B Mirror Report: Listed lender Midland Bank has received...