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Bangladesh capital market ends week higher despite lower turnover

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Bangladesh’s capital market closed the week on Thursday with marginal gains in key indices on both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE), although overall turnover declined and prices of most listed companies fell.

At the end of the session, the DSE’s benchmark index DSEX edged up by 5 points. The Shariah-based DSES and the blue-chip DS30 index also advanced by 1 point each, reports UNB.

Of the 391 companies traded on the DSE, prices rose for 126, declined for 183 and remained unchanged for 82.

In the block market, shares worth Tk 23 crore of 20 companies changed hands, with Fine Foods Limited accounting for the highest transaction at Tk 8.9 crore.

The total turnover on the DSE stood at Tk 429 crore, down from Tk 465 crore in the previous session.

Fine Foods Limited topped the DSE gainers’ list with a price increase of more than 5 percent, while People’s Leasing and Financial Services Limited lost over 10 percent to become the day’s worst performer.

On the CSE, the overall index CASPI rose by 18 points.

Among the traded issues, prices advanced for 57 companies, declined for 79 and remained unchanged for 28.

The turnover on the CSE amounted to Tk 12.6 crore, slightly lower than Tk 12.8 crore recorded in the previous trading day.

Republic Insurance Company Limited topped the gainers’ chart on the CSE with nearly a 10 percent rise, while Usmania Glass Sheet Factory Limited fell by around 10 percent to end at the bottom of the list.

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