Stock Markets Rise, But Trading Volume Drops in Dhaka and Ctg

Stock markets in Dhaka and Chittagong experienced a rise in indices on Tuesday, reversing previous downtrends, although the overall trading volume declined in both markets.

On the Dhaka Stock Exchange (DSE), the main index, DSEX, gained 4 points. However, the other indices saw mixed results: the Shariah-compliant DSES dropped by 2 points, and the blue-chip index DS-30 decreased by 6 points. Despite a decrease in trading activity, most company share prices saw an increase.

Trading volume on the DSE fell from Tk 505 crore on the previous day to Tk 450 crore. Out of 398 companies traded, 186 saw their share prices rise, 156 experienced declines, and 56 remained unchanged. Companies in categories A and B generally saw price increases, while those in the Z category faced price drops.

In the mutual funds sector, 32 out of 36 funds saw value increases, with only one showing a decline. The block market recorded a trade of Tk 31.37 crore across 20 companies, with Marico Bangladesh Limited leading the pack with Tk 14.49 crore in trades. Prime Finance First Mutual Fund saw a notable 9.89% increase, while S Alam Cold Rolled Steels Limited dropped 8%.

The Chittagong Stock Exchange (CSE) also saw a rise, with its index climbing by 12 points. Among the 206 companies traded, 88 saw share price increases, 87 declined, and 31 remained stable. The total trading value in CSE was Tk 3.83 crore, slightly lower than the previous day's Tk 4 crore.

In CSE, Express Insurance Limited led with a significant 9.89% price increase, while Magura Multiplex PLC dropped 9.80%.

Despite the decline in trading volume, both markets saw overall positive price movements, signaling a fluctuating yet optimistic trading environment in Dhaka and Chittagong.