DSE Ends six-day rally as share prices and turnover decline

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DSE Ends six-day rally as share prices and turnover decline

B Mirror Report : Bangladesh’s stock market ended its six-session winning streak on Thursday, with the benchmark index of the Dhaka Stock Exchange (DSE) closing lower amid widespread price corrections and a decline in trading turnover.

Market analysts said that after several consecutive days of gains, many investors chose to book profits as share prices had reached their expected targets. They believe the correction could create fresh buying opportunities for investors in the coming week.

According to market data, a total of 394 securities were traded on the DSE. Among them, 163 advanced, 185 declined, and 46 remained unchanged.

The DSEX, the DSE’s benchmark index, fell by 19 points to close at 5,744, while the DS30 Index, which tracks 30 leading companies, dropped 16 points to 2,162. However, the DSES Shariah Index edged up by 0.80 points to 1,169.

Trading turnover on the DSE also decreased significantly. Shares and mutual fund units worth Tk 1,439.54 crore changed hands during the session, compared with Tk 1,573.65 crore in the previous trading day—a decline of Tk 134.11 crore.

Meanwhile, trading on the Chittagong Stock Exchange (CSE) also reflected mixed performance. Of the 231 securities traded, 110 gained, 94 lost, and 27 remained unchanged.

The CSE All Share Price Index (CASPI) fell by 42 points to close at 15,408.

Despite the decline in the index, trading activity on the CSE increased. Total turnover stood at Tk 60.36 crore, up from Tk 41.13 crore recorded in the previous session.

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