DSE, CSE begin week with indices edging lower

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) opened the week with a decline in key indices as most listed companies saw their share prices fall on Sunday.

The DSEX, the benchmark index of the DSE, gained in the first hour of trading but slipped as the day progressed, eventually closing 13 points lower.

The Shariah-based DSES dropped 3 points, while the blue-chip DS30 shed 5 points.

A total of 209 issues declined, 110 advanced and 68 remained unchanged.

Block market transactions amounted to Tk 130 million across 29 companies, with Fine Foods topping the board by selling shares worth Tk 60 million.

The total turnover at the DSE stood at Tk 2.67 billion, down from Tk 3.64 billion in the previous trading session.

Summit Alliance Port Ltd led the day’s gainers with a 7.5 per cent rise, while FAS Finance & Investment Ltd fell the most, dropping 10 per cent.

At the CSE, the CASPI index remained in negative territory throughout the session and closed 62 points lower.

Of the traded issues, 99 declined, 37 advanced and 18 remained unchanged.

The turnover at the port-city bourse reached Tk 139.5 million, slightly higher than the previous session’s Tk 138.1 million.

Chartered Life Insurance PLC topped the CSE gainers with a nearly 10 per cent rise, while Premier Leasing & Finance Ltd hit the bottom with a 10 per cent fall.