DSE sees modest gains while CSE declines amid increased trading activity

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DSE sees modest gains while CSE declines amid increased trading activity

BMirror Desk

On Tuesday, the Dhaka Stock Exchange (DSE) experienced a modest rise, while the Chittagong Stock Exchange (CSE) saw a decline. Despite the mixed performance, trading volume increased in both markets, with the share and unit prices of most companies showing gains.

Trading on the DSE began positively with most companies’ shares and units rising, pushing the main DSE index up by 32 points at one stage. However, increased selling pressure towards the end of the session tempered these gains. By the close, 181 companies had their prices rise, 147 fell, and 69 remained unchanged, resulting in an 11-point increase in the DSEX index to 5,247 points.

Among other indices, the DSE Shariah Index rose by 4 points to 1,142 points, while the DSE-30 index, which includes 30 prominent companies, dropped by 4 points to 1,852 points. Total transactions on the DSE amounted to Tk 593.3 crore, up from Tk 391.54 crore the previous day.

Meghna Petroleum was the most traded share by value, with transactions totaling Tk 25.88 crore. Standard Bank and Central Pharma followed with trades worth Tk 23.98 crore and Tk 18.44 crore, respectively. Other top-traded companies included Rupali Life Insurance, Unilever Consumer Care, Fortune Suze, E-Generation, Far East Knitting, and Asiatic Laboratories.

Meanwhile, the CSE’s overall CASPI index decreased by 29 points. Of the 221 firms traded, 100 saw price increases, 87 decreased, and 34 remained unchanged. The total transaction value was Tk 93.75 crore, up from Tk 78.13 crore on the previous working day.

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