DSE rebounds as turnover rises; CSE also ends higher

The Dhaka Stock Exchange (DSE) bounced back on Monday after the previous session’s decline, with its key index, overall turnover and prices of most listed shares closing higher.

At the end of the day’s trading, the benchmark DSEX index gained 9 points.

The Shariah-based DSES and the blue-chip DS30 index, however, failed to follow the upward trend. While the broad market advanced, the DS30 slipped by 1 point and the DSE Shariah index closed flat.

Out of 397 issues traded on the DSE, prices rose for 212 companies, declined for 105 and remained unchanged for 80.

Gains were recorded across all categories — A, B and Z. Among the top A-category firms, 116 advanced, 61 declined and 43 remained unchanged.

Turnover on the DSE stood at Tk 5.99 billion, up from Tk 5.64 billion in the previous session.

In the block market, shares worth Tk 230 million of 24 companies changed hands, with Eastern Bank PLC leading the block trade with Tk 70 million.

First Security Islami Bank PLC topped the gainers’ list with a rise of over 9 per cent, while Union Capital Limited slumped more than 7 per cent to finish at the bottom.

The Chittagong Stock Exchange (CSE) also closed higher, with its broad index advancing by 11 points.

Of the 197 issues traded, 79 gained, 80 declined and 38 remained unchanged.

But the turnover on the CSE dropped to Tk 120 million, compared to Tk 130 million in the previous session.

First Security Islami Bank also led the gainers in CSE with a 10 per cent rise, while Tallu Spinning Mills Limited plunged 19 per cent to end as the worst loser.