DSE ends lower after early gains, CSE maintains uptrend

Trading at the Bangladesh capital market ended mixed on Tuesday, the third working day of the week, as the Dhaka Stock Exchange (DSE) failed to sustain early gains while the Chittagong Stock Exchange (CSE) closed higher.

After opening on a positive note, the DSE slipped into negative territory by the close. The benchmark DSEX and the Shariah-based DSES each edged down by 1 point, although the blue-chip DS30 index advanced 8 points.

Most shares closed lower on the DSE, with prices declining for 227 companies against gains in 108, while 56 issues remained unchanged.

The turnover also fell, with total transactions amounting to Tk 4.54 billion, down from Tk 4.85 billion in the previous session.

In the block market, shares worth Tk 330 million from 30 companies were traded, where Fine Foods Ltd topped the list with transactions of Tk 8 crore.

GQ Ball Pen Industries Ltd topped the DSE gainers’ chart, rising by nearly 7.5 per cent, while Peoples Leasing and Finance Services Ltd hit the bottom, shedding 10 per cent.

Meanwhile, the CSE maintained its upward momentum, with the CASPI index rising by 28 points.

On the port city bourse, share prices rose for 65 companies, declined for 63, and remained unchanged for 14 issues.

The total turnover at the CSE increased to Tk 110 million, up from Tk 80 million in the previous trading day.

Eastland Insurance Plc emerged as the top gainer on the CSE with a nearly 10 per cent rise, while Peoples Leasing and Finance Services Ltd also ended at the bottom there, losing 10 per cent.