DSE turnover dips 18% despite weekly gains in key indices

Dhaka Stock Exchange (DSE) logo_11zon

Dhaka, Oct 25 - The Dhaka Stock Exchange (DSE) has witnessed an 18 percent decline in average daily turnover this week, even as all major indices edged higher, reflecting cautious investor sentiment amid a modest market recovery.

The report shows that the market’s average daily turnover during the week stood at Tk 427 crore, down from Tk 522 crore in the previous week — a decline of nearly Tk 100 crore.

Despite the lower trading volume, all DSE indices recorded growth over the five working days.

The benchmark DSEX rose 30 points, starting the week at 5,119 points and closing at 5,149 points.

The blue-chip DS30 index gained 30 points, the Shariah-based DSES added 2 points, and the SME index DSMEX rose 24 points.

However, price movements were mostly negative. Out of the companies active in trading, 203 saw their share prices decline, 157 companies recorded price gains, and 32 remained unchanged.

Sector-wise Performance

Among the 21 sectors, prices fell in 16 and rose in five. Corporate bonds suffered the steepest decline at 77 percent, followed by the banking sector (-22 percent), general insurance (-35.59 percent), and life insurance (-30.67 percent).

Other notable declines were seen in energy (-30.91 percent), leather (-47.39 percent), telecom (-10.88 percent), textiles (-32.63 percent), tourism (-27.58 percent), ceramics (-26.21 percent), and the food sector (-7.88 percent). Miscellaneous (-21.68 percent), paper (-6.51 percent), and pharmaceuticals (-5.50 percent) also posted losses.

On the upside, mutual funds led sectoral gains with a 32.89 percent increase, followed by financial institutions (+2 percent), real estate (+2 percent), IT (+13 percent), and cement (+6.34 percent).

Top Five Gainers at DSE

• Information Services Network Ltd.

• Bangladesh Finance PLC

• VFS Thread Dyeing Limited

• Samata Leather Complex Ltd.

• Aramit Limited

Top Five Losers at DSE:

• Apex Footwear Limited

• First Security Islami Bank PLC

• Khan Brothers PP Woven Bag Industries Limited

• Monno Agro & General Machinery Limited

• Zaheen Spinning PLC

• Chittagong Stock Exchange (CSE)

At the CSE, the benchmark CASPI fell 55 points during the week.

While the CSE30 index rose 46 points, the CSCX lost 16 points.

Among 310 companies traded during the week, prices fell for 191 companies, rose for 97, and remained unchanged for 22.

Top Five Gainers at CSE

• Bangladesh Finance Limited

• VFS Thread Dyeing Limited

• National Housing Fin. & Inv. PLC

• Union Capital Limited

• Crown Cement PLC

Top Five Losers at CSE

• New Line Clothings Limited

• Apex Footwear Ltd.

• FAS Finance & Investment Ltd.

• Union Bank PLC

• People’s Leasing & Fin’l Serv.

- UNB