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DSEX falls, CSE gains in Bangladesh capital market
The country’s capital market saw mixed movements on Wednesday as the Dhaka Stock Exchange (DSE) ended lower while the Chittagong Stock Exchange (CSE) posted gains.
At DSE, the benchmark DSEX fell 21 points, while the Shariah-based DS30 and selected blue-chip index DS30 declined by 7 and 8 points respectively.
Most companies saw their share prices drop, with 227 companies posting losses, 114 recording gains, and 53 remaining unchanged.
In the block market, shares worth Tk 51 crore of 42 companies changed hands, with Paramount Textile PLC leading at Tk 20 crore.
The market turnover rose to Tk 533 crore from Tk 458 crore in the previous session.
Trust Islami Life Insurance Limited topped the gainers list with nearly 10% increase, while Familitex (BD) Limited was the biggest loser with more than 8% decline.
Meanwhile, CSE's index CASPI rose 53 points, supported by price increases in the majority of listed companies.
Out of the total, 84 companies saw their share prices rise, 68 fell and 26 remained unchanged.
The total turnover stood at Tk 9 crore, down from Tk 15 crore the previous day.
Bangas Limited led the gainers with a 10% rise, and Eastern Insurance Company Limited was the top loser, losing over 8%.