Business Report :
Stocks ended marginally higher on Thursday, but investor participation remained low, as many were reluctant to invest in shares to avoid further capital erosion.
The prime index of the Dhaka Stock Exchange (DSE) increased by 8.59 points, settling at 5,462.58. The blue-chip index DS30, which tracks 30 prominent companies, saw a gain of 2.82 points, closing at 1,990.85. Meanwhile, the DSES Index, representing Shariah-compliant companies, rose by 1.56 points to finish at 1,221.27.
Turnover, a crucial indicator of market activity, stood at Tk 3.16 billion, marking a 28.42 per cent decline from the previous trading day. This represents the lowest trading volume in two months, with the last lower figure recorded on August 4 of this year.
The majority of stocks experienced price increases, with 209 of the 397 issues traded closing higher, 138 ending lower, and 50 remaining unchanged on the DSE trading floor.