Stock markets start week on positive note

Business Desk :

Bangladesh’s stock market started the week on a positive note on Sunday, with key indices advancing on both the Dhaka and Chattogram bourses amid improved trading activity.

At the Dhaka Stock Exchange (DSE), the benchmark DSEX gained 54 points as buying interest dominated the session from the opening bell.

The Shariah-based DSES remained unchanged, while the blue-chip DS30 index advanced by 18 points.
Most listed securities closed higher, with prices of 204 companies rising against 143 decliners, while 43 issues remained unchanged.

The turnover at the DSE crossed the Tk 500-crore mark after nearly 15 days, reaching Tk 537 crore, up sharply from Tk 368 crore in the previous session.

In the block market, shares worth Tk 31 crore of 23 companies changed hands, with Renata PLC topping the list with sales of Tk 3.92 crore.

Islami Bank Bangladesh PLC emerged as the top gainer on the DSE, jumping nearly 10 percent, while Gemini Sea Food PLC shed almost 10 percent to become the day’s worst performer.

The Chittagong Stock Exchange (CSE) also ended higher, with the overall CASPI index rising by 127 points.
Of the 175 securities traded on the CSE, prices of 100 companies increased, while 61 declined and 14 remained unchanged.

The turnover at the CSE surged more than sixfold to Tk 26 crore, compared to Tk 4 crore in the previous trading day.
Zahintex Industries Limited topped the gainers’ chart on the CSE with a 10 percent rise, while Fu-Wang Foods Limited closed at the bottom, losing 10 percent.