After days of persistent decline, the Dhaka Stock Exchange (DSE) finally returned to positive territory on the first trading day of the week, though the Chittagong Stock Exchange (CSE) failed to recover.
Both bourses opened lower in the morning, with the DSEX slipping to 4,620 points by 10:30am. But the benchmark index began to regain momentum as the day progressed, ultimately closing 29 points higher after swinging between gains and losses.
The other two indices also advanced, with the Shariah-based DSES rising 8 points and the blue-chip DS30 climbing 9 points.
Most stocks on the DSE edged up, as prices increased for 236 issues, while 113 declined and 35 remained unchanged.
Turnover, however, dropped to Tk 298 crore, down from Tk 383 crore in the previous session.
In the block market, shares worth Tk 11 crore were traded across 18 companies, including GQ Ball Pen Industries Ltd, which offloaded Tk 2.9 crore in shares.
Runner Automobiles PLC topped the day’s gainers with nearly a 10% rise, while Shepherd Industries Ltd sank more than 9% to finish at the bottom of the losers’ list.
Despite the rebound in Dhaka, the CSE remained bearish, with its overall index falling 74 points.
Prices dropped for most companies, as 82 issues declined against 47 gainers, while 17 remained unchanged.
Turnover at the port-city bourse also contracted to Tk 4 crore, from Tk 7 crore in the previous session.
Runner Automobiles PLC also led the CSE gainers’ list with nearly a 10% rise, while Phoenix Finance and Investments Ltd slumped 10% to end as the biggest loser of the day.
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