26 C
Dhaka
Wednesday, March 19, 2025
Founder : Barrister Mainul Hosein

Stock market closes week on a positive upswing

spot_img

Latest New

NN Online:

The final trading session of the week at the Dhaka and Chattogram stock exchanges wrapped up on a positive note, despite experiencing a mixed trend during the day.

On Thursday, the benchmark index of the Dhaka Stock Exchange (DSE), DSEX, increased by 11 points.

Meanwhile, the Shariah-based DSES and blue-chip DS30 indices rose by 3 and 5 points, respectively, reports UNB.

Despite the rise in indices, most listed companies experienced a decline in share prices.

Out of the 400 companies that traded, 156 recorded gains, 173 saw price declines and 71 remained unchanged.

In the A-category segment, which includes 220 companies, a majority witnessed a negative trend.

While 74 companies saw an increase in share prices, 108 experienced a decline, and 38 remained unchanged.

Conversely, most companies in the B and Z categories observed price increases. In the B-category, 34 companies recorded gains, while 31 declined, and 14 remained unchanged. In the Z-category, 48 companies posted gains, 34 saw declines, and 19 remained unchanged.

Most mutual funds also recorded price declines, with 22 out of 37 mutual fund companies seeing a drop, while 13 remained unchanged and only 2 saw price increases.

In the block market, 62 lakh shares of 28 companies were traded for Tk 18.24 crore. Midland Bank was the highest seller, offloading 36 lakh shares worth Tk 9.60 crore.

Overall, the DSE recorded a total turnover of Tk 401 crore, an increase from the previous day’s Tk 390 crore.

Silva Pharmaceuticals Limited topped the DSE gainers’ list, with a price increase of 9.80 per cent, while NCCBL Mutual Fund was the biggest loser, dropping by 5.66 per cent.

Similarly, the Chattogram Stock Exchange (CSE) maintained an upward trend, with its overall index gaining 47 points.

Out of 198 companies traded, 107 recorded gains, 57 declined, and 34 remained unchanged.

The total turnover at the CSE stood at Tk 8.25 crore, up from the previous day’s Tk 7.54 crore.

Tasrifa Industries Limited led the gainers’ chart at the CSE, with a 10 per cent price increase, whereas International Leasing & Financial Services Limited faced the highest loss, dropping by 7.69 per cent.

More articles

Rate Card 2024spot_img

Top News

spot_img