Stock market trends maintain upward momentum
Business Desk:
The stock markets in Dhaka and Chittagong continued to experience an upward trend on Wednesday, with the main index in Dhaka rising by 16 points.
This follows the upward momentum seen over the last two days, with most companies seeing their share prices increase, reports UNB.
On the Dhaka Stock Exchange (DSE), the DSEX, which is the primary index, increased by 16 points.
The Shariah-based DSES index saw a rise of 2 points, while the DS-30, which tracks select blue-chip companies, increased by 4 points.
In terms of trading volume, the Dhaka market saw a turnover exceeding Tk 45 billion, marking the highest of the week.
The turnover was up from the previous day’s Tk 41.2 billion. Among the 398 companies listed on the DSE, 191 experienced price increases, 140 saw declines, and 67 remained unchanged.
Most companies in the A and B categories saw a rise in share prices, while the companies in the Z category experienced a mix of price increases and declines, with the number of gaining and losing stocks being equal.
In total, 39 companies in the Z category saw their share prices either rise or fall, while 19 remained unchanged.
Stock market sees increased trading amid constant growth in indexes