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Stock Markets Continue Upward Trend in Dhaka, Ctg
Stock markets in Dhaka and Chattogram continued their upward trend on Wednesday, with the Dhaka Stock Exchange (DSE) seeing a rise of 16 points in its main index.
The DSEX, the primary index, rose by 16 points, while the Shariah-based DSES increased by 2 points. The DS-30, which tracks blue-chip companies, gained 4 points.
Trading volume on the DSE surpassed Tk 45 billion, marking the highest turnover of the week, up from Tk 41.2 billion the previous day. Of the 398 companies listed, 191 saw their share prices rise, 140 declined, and 67 remained unchanged.
Most A and B category companies saw share price increases, while the Z category saw mixed results, with equal numbers of stocks rising and falling. Mutual funds listed on the DSE remained stable, with 13 funds seeing price increases and 5 experiencing declines.
In the block market, 37 lakh shares from 39 companies were traded, generating Tk 1.795 billion. Singer Bangladesh Ltd. led with Tk 440 million in sales.
Golden Harvest Agro Industries topped the DSE with a 10% rise, while Midland Bank recorded the largest drop, falling 5.78%.
Chittagong Stock Exchange Growth
The Chittagong Stock Exchange (CSE) also saw growth, with its index rising by 72 points. Of the 220 companies traded, 118 saw price increases, 64 experienced declines, and 38 remained unchanged. However, overall trading volume in Chittagong dropped significantly to Tk 52 million from Tk 119 million the previous day.
Hami Industries PLC led with a 10% price increase, while Peninsula Chittagong PLC saw a 9.63% drop in share prices.