Business Desk :
Stock markets on Monday closed the session of the week with an upward trend since investors showing buying interest in trendy issues with quick gain potential.
But, cautious investors also remained observant of the market’s momentum surrounding the declaration of monetary policy for the second half of the fiscal year 2024-25.
The central bank on Monday announced its Monetary Policy Statement (MPS) for the second half of the fiscal 2024-25 adopting a ‘tight’ stance to contain inflation, reports BSS.
The prime index of the Dhaka Stock Exchange (DSE) increased 8.40 points to settle at 5,174.28. The blue-chip index DS30, comprising 30 leading companies, increased by 0.39 points to 1,912.23, while the DSES Index, representing Shariah-compliant companies, increased by 5.66 points to 1,149.20 by the close.
Turnover, a crucial indicator of the market, stood at Taka 4.21 billion, up 12.44 per cent from the previous trading day.
The majority of the stocks saw a price increased, as out of the 401 issues traded, 166 closed higher, 165 ended lower, and 70 remained unchanged on the DSE trading floor.
Beach Hatchery was the most traded stock with shares worth Taka 98.61 million changing hands, followed by Bangladesh Thai Aluminium, Khan Brothers PP Woven Bag Industries, Eastern Housing and Orion Infusion.
The Chittagong Stock Exchange (CSE) ended up with its All Share Price Index (CASPI) increasing two points to settle at 14476 and the Selective Categories Index (CSCX) increasing 1.60 points to settle at 8781.
The port city bourse traded 1.72 million shares and mutual fund units with a turnover volume of Taka 36.60 million.
