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Both the Dhaka and Chattogram stock markets ended with indices on the rise, accompanied by gains in the majority of listed companies on Wednesday, the fifth trading day of the week.
Trading volume also increased in both the bourses.
At the Dhaka Stock Exchange (DSE), the benchmark index DSEX advanced by 6 points. The Shariah-compliant DSES index gained 2 points, while the blue-chip DS30 index rose by 1 point.
Of the 399 companies traded, prices increased for most. A total of 227 companies saw gains, while prices fell for 105 and remained unchanged for 67.
Share prices increased across all three categories—A, B and Z. In the A category, which includes companies with good dividend records, 142 of the 221 traded companies registered price gains, while 56 declined and 23 remained unchanged.
Nearly all of the 36 mutual funds that participated in trading saw price increases. Specifically, 35 mutual fund units posted gains, while prices for 13 remained unchanged.
In the DSE block market, shares worth Tk 220 million from 27 companies were traded. Orion Infusion Limited topped the list with block trades amounting to Tk 50 million.
The total turnover at the DSE stood at Tk 3.26 billion, up from Tk 2.97 billion in the previous trading session.
Legacy Footwear led the gainers at the DSE with a 9.85 per cent rise in share price. On the other hand, Progressive Life Insurance suffered the biggest loss, dropping by over 6 per cent.
Chattogram market also sees gains
Similar to Dhaka, indices also rose at the Chattogram Stock Exchange (CSE). At the end of the session, the CSE's overall index climbed 29 points.
Out of the 194 companies that traded, 113 saw their share prices increase, 53 declined, and 28 remained unchanged.
The total turnover at the CSE reached Tk 78.4 million, up from Tk 66.5 million in the previous session.
Legacy Footwear was also the top gainer at the CSE with a 10 per cent increase in share price. Conversely, Monospool Bangladesh PLC ended at the bottom of the list with a 9.97 per cent decline.