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3 months ago

DSE ends higher, CSE lower

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The Dhaka Stock Exchange ended marginally higher on Monday after losing 261 points, or 4.8 per cent, over the previous five trading days, as bargain hunters targeted lucrative large-cap shares.

The prime index of the Dhaka Stock Exchange (DSE) increased by 12.38 points to settle at 5,173.11.

Yesterday, the index reached its lowest point in four months. On June 13 of this year, the DSEX was at 5,118.

The blue-chip index DS30, which comprises 30 prominent companies, saw an increase of 7.54 points, closing at 1,903.79. Meanwhile, the DSES Index, representing Shariah-based companies, rose by 1.42 points to settle at 1,157.

Turnover, a crucial market indicator, stood at Tk 3.45 billion, down 4.9 per cent from the previous trading day.

The majority of stocks experienced price decreases; out of the 397 issues traded, 150 closed higher, 184 ended lower, and 63 remained unchanged on the DSE trading floor.

Taufika Foods and Lovello Ice Cream PLC was the most-traded stock, with shares worth Tk 341.57 million changing hands, followed by Agni Systems, Far East Knitting & Dyeing Industries, BRAC Bank, and Midland Bank.

The Chittagong Stock Exchange (CSE) ended lower, with its All Share Price Index (CASPI) dropping by 36.64 points to settle at 14,513, while the Selective Categories Index (CSCX) lost 18.75 points, closing at 8,832.

The port city bourse traded 2.19 million shares and mutual fund units, with a turnover volume of Tk 59.76 million.

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