Bangladesh
9 days ago

Dhaka stocks up in early trading

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Dhaka’s stock market opened the second trading session of the week with a positive trend, as key indices showed gains and most company shares saw price increases.

On Monday, the benchmark index of the Dhaka Stock Exchange (DSE), DSEX, rose by 35 points at the beginning of trading, reports UNB. 

The Shariah-based DSES index gained 7 points, while the blue-chip DS30 index advanced by 5 points.

At the start of the session, prices increased for 272 companies, while 27 saw declines, and 50 remained unchanged. 

Within the first 30 minutes, total transactions on the DSE reached Tk 800 million.

But the Chittagong Stock Exchange (CSE) experienced a slight decline. 

The CSE’s overall index dropped by 1 point at the beginning of the session. Out of 40 traded companies, 25 saw price increases, 8 declined, and 7 remained unchanged. 

The total transaction volume in the CSE exceeded Tk 2.50 million in the opening moments of trading.

Market analysts believe the positive momentum in the Dhaka market reflects investor confidence, though trends throughout the session will determine whether the gains hold.

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