DSE bounces back after five-day slump

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DSE bounces back after five-day slump

B Mirror Report: Bangladesh’s stock market returned to positive territory on Tuesday after five consecutive trading sessions of decline, with both indices and turnover rising sharply on the Dhaka Stock Exchange (DSE).

Market data showed that prices of most listed shares and mutual fund units increased during the session, while all major indices closed higher. Trading turnover also reached its highest level in nearly three months.

A total of 393 companies and mutual funds were traded on the DSE. Among them, prices of 188 issues advanced, 138 declined, and 67 remained unchanged.

At the close, the benchmark DSEX index gained 25 points to settle at 5,230 points, recovering from losses recorded over the previous five trading days. The Shariah-based DSES index rose 8 points to 1,064, while the DS30 index advanced 4 points to 1,989.

Total turnover on the DSE stood at Tk 11.01 billion, the highest since February 17, when transactions totaled Tk 12.22 billion. Compared with the previous trading session, turnover increased by Tk 3.86 billion. On Monday, turnover was Tk 7.15 billion.

The Chittagong Stock Exchange (CSE) also ended higher. The CASPI index rose 41 points to 14,684, while the CSCX index gained 25 points to close at 9,040.

Of the 205 issues traded on the CSE, 109 advanced, 67 declined, and 29 remained unchanged. Turnover at the bourse reached Tk 210.6 million, slightly higher than the previous session’s Tk 205.1 million.

 

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