Share markets dip again as indices slide in Dhaka and Chattogram

NN Online:

Bangladesh’s stock markets faced another slump on Sunday, the second trading day of the week, as all key indices on both the Dhaka Stock Exchange (DSE) and Chattogram Stock Exchange (CSE) recorded losses amid widespread declines in share prices.

At the Dhaka Stock Exchange, the benchmark DSEX index dropped by 29 points. The Shariah-compliant DSES fell by 6 points, while the blue-chip DS30 index lost 8 points.

Of the 400 companies traded, 241 saw price declines, 102 posted gains, and 57 remained unchanged. The downturn affected all share categories — A, B, and Z. Among Category A companies, known for regular dividend payments, 142 declined in value, 55 gained, and 24 remained static.

The mutual funds segment also mirrored the broader market downturn. Out of 36 funds, 29 recorded losses, only one advanced, and six remained unchanged.

In the DSE block market, shares worth Tk 9.25 crore were exchanged across 23 companies. DBH Finance led the segment with trades totaling Tk 1.5 crore.

Despite the slump, total turnover at the DSE rose to Tk 292 crore, up from Tk 262 crore in the previous session. Sonargaon Textile was the top gainer of the day with a 9.71% increase, while First Bangladesh Fixed Income Fund was the biggest loser, dropping by 9.76%.

Indices Slide at Chattogram Exchange
The Chattogram Stock Exchange also closed in the red, with its overall index down by 78 points.

Out of 236 traded companies, 118 saw losses, 88 posted gains, and 30 remained unchanged. Turnover at the CSE rose to Tk 10 crore, up from Tk 9.19 crore in the previous session.

At the CSE, City Insurance topped the gainers with a 9.87% rise, while Bangladesh Lamps led the losers, falling by nearly 10 percent.