DSE slips into red, CSE finishes higher

The Dhaka Stock Exchange (DSE) slipped into negative territory on Sunday, reversing early gains from the opening session, while the Chittagong Stock Exchange (CSE) managed to hold firm and close the day on a positive note.

The DSEX, the key index of the DSE, shed 10 points at the close of trading.

Among the other indices, the Shariah-based DSES fell by 2 points, while the blue-chip DS-30 gained 4 points.

Out of 398 issues traded on the DSE, the prices of 119 advanced, 244 declined and 35 remained unchanged.

Prices fell across all three categories — A, B and Z. In the A-category which represents the companies offering the highest dividends, 69 issues advanced, 128 declined and 23 remained unchanged out of 220 traded.

The block market of the DSE witnessed transactions of shares worth Tk 360 million across 38 companies, with Orion Infusion alone accounting for Tk 210 million.

The day’s turnover at the DSE stood at Tk 11.81 billion, lower than the previous session’s Tk 12.96 billion.

In terms of price movement, Intech Limited topped the gainer’s chart with a 10 per cent rise, while Prime Finance & Investment Limited was the day’s worst loser, dropping 6 per cent.

CSE Moves Up

In contrast, the CSE closed higher, with its broad index adding 17 points at the end of the session.

Of the 250 issues traded, 82 advanced, 141 declined, and 27 remained unchanged.

Turnover at the port city bourse stood at Tk 280 million, up from Tk 230 million in the previous session.