Capital market sees mixed movements as DSE ends lower, CSE posts gains

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 510 million of 42 companies changed hands, with Paramount Textile PLC leading at Tk 200 million.

The market turnover rose to Tk 5.33 billion from Tk 4.58 billion in the previous session.

Trust Islami Life Insurance Limited topped the gainers list with nearly 10 per cent increase, while Familitex (BD) Limited was the biggest loser with more than 8 per cent 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 90 million, down from Tk 150 million the previous day.

Bangas Limited led the gainers with a 10 per cent rise, and Eastern Insurance Company Limited was the top loser, losing over 8 per cent.