The week’s final trading day closed on Thursday with a decline in the key index of the Dhaka Stock Exchange (DSE), while the Chittagong Stock Exchange (CSE) recorded a slight gain in index despite a drop in prices for most listed companies.
At the end of the day’s session, the DSEX, the benchmark index of the DSE, dropped by 22 points. The Shariah-based DSES index shed 4 points, while the blue-chip DS30 index fell by 5 points.
Out of 398 companies traded on the DSE, 71 advanced, 258 declined, and 69 remained unchanged.
Stock prices declined across all three categories – A, B and Z. Particularly in the A category, which consists mainly of companies known for consistent dividend payouts, prices fell for the majority.
Of the 220 A category companies, 42 saw price gains while 144 declined and 34 remained unchanged.
In the DSE’s block market, shares worth Tk 165 million were traded across 36 companies. Lovello Ice Cream led with shares worth Tk 47 million changing hands.
Trading continues amid index fall on week’s final working day
Overall, the DSE saw a turnover of Tk 3.05 billion, lower than the previous session’s Tk 3.27 billion.
Desh Garments topped the gainers’ list on the DSE with a 9.95 percent rise in its share price, while Shyampur Sugar Mills posted the steepest fall with a drop of over 6 percent.
Gloomy CSE
The CSE did not experience a major fall in its index like the DSE; however, most stocks ended in the red.
Of the 210 companies traded, 80 advanced, 100 declined and 30 remained unchanged.
Total turnover at the port city’s bourse stood at Tk 112.3 million, significantly lower than the previous session’s Tk 261.2 million.
Nitol Insurance topped the CSE gainers’ list with a 10 percent increase in share price, while Nahi Aluminium Composite lost over 9 percent, placing it at the bottom.