Indices rally at DSE, CSE despite shrinking turnover
UNB :
The country’s two main bourses closed the week on a positive note, with all major indices rising at both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE), although overall turnover declined significantly.
According to the DSE weekly review, the benchmark DSEX advanced by 134 points during the week, marking a 2.5 percent gain over the previous week and a 15 percent rise compared to the same period in 2025.
The DSEX, which began the week at 5,465 points, closed at 5,600 points. The Shariah-based DSES index also rose by 21 points, up nearly 2 percent week-on-week.
The blue-chip DS30 index climbed 71 points, posting a gain of around 3.5 percent over the previous week and standing 17 percent higher than the corresponding period last year.
Despite the upward trend in indices, average daily turnover at the DSE dropped to Tk 724 crore, down from Tk 1,050 crore in the previous week, a decline of nearly 30 percent.
Most listed companies posted price gains, with 274 issues advancing against 83 decliners, while 32 remained unchanged. Sector-wise analysis, however, showed price declines across most major sectors. The banking sector fell by 24 percent during the week, while non-bank financial institutions dropped by more than 35 percent.
The insurance sector also witnessed notable corrections, with general insurance companies declining by 60 percent and life insurance firms by 40 percent.
At the DSE, the highest turnover was recorded in shares of The City Bank, Olympic Industries, BRAC Bank, Robi Axiata, Khan Brothers PP Woven Bag Industries and Orion Infusion. In the block market, Olympic, Grameenphone, Orion Infusion and Summit Alliance Port dominated transactions.
Notably, Z-category stocks widely considered distressed and non-dividend paying companies led the gainers’ chart at the DSE. Nine of the top ten gainers belonged to the Z category, while one was from B category, indicating investors’ preference for speculative issues despite the index rally.
In contrast, seven of the top ten losers were A-category stocks, generally regarded as fundamentally strong and high dividend-paying companies. At the CSE, the overall CASPI index gained 248 points over the week. The blue-chip CSE30 and CSE50 indices rose by 287 points and 25 points respectively, while the Shariah index added 7 points.
Out of the traded issues at the CSE, 150 advanced, 107 declined and 28 remained unchanged. Similar to the DSE, Z-category stocks dominated the top gainers’ list at the CSE, accounting for nine out of the top ten, with the remaining one from B category. Meanwhile, six of the top ten losers were A-category stocks.
At the CSE, the week’s highest turnover was recorded in shares of Fine Foods Limited, Orion Infusion, City General Insurance Company, ML Dyeing, Lovello Ice-cream and Paramount Textile.
