Indices edge up on DSE, CSE but turnover declines on Monday

DSE, CSE Logos

Share prices edged higher on both the Dhaka and Chattogram bourses on Monday, the second trading day of the week, even as overall turnover fell and the majority of listed companies saw their share prices gain. 

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 12 points during the day's trading.

The Shariah-based index DSES gained four points, while the blue-chip index DS30 edged up by one point.

Of the 392 companies traded, 166 saw price gains, 155 saw declines and 71 remained unchanged.

Turnover on the DSE stood at Tk 1,416 crore for the day, down from Tk 1,530 crore on Sunday, a fall of more than Tk 100 crore in a single day.

Dragon Sweater and Spinning Limited led the gainers, rising nearly 10 percent, while Bangladesh Industrial Finance Company Limited was the worst performer, losing around 9 percent.

The Chittagong Stock Exchange (CSE) also saw its benchmark index CASPI climb 73 points on the day.

Of the companies traded on the CSE, 135 posted gains, 93 declined and 26 remained unchanged.

Turnover on the CSE stood at Tk 16 crore, sharply down from Tk 66 crore on Sunday, a decline of nearly Tk 50 crore in a single day.

Beximco Pharmaceuticals PLC and Islamic Finance & Investment PLC topped the CSE gainers' list, each rising 10 percent, while Rahima Food Corporation Ltd was the top loser, shedding nearly 10 percent. - UNB