NN Online:
The stock market experienced mixed results on the final trading day of the week (Thursday), with Dhaka’s market showing a rise, while Chattogram’s market saw a decline.
The prices of most companies participating in trading on both markets fell.
On the day, the benchmark index of the Dhaka Stock Exchange (DSE), DSEX, rose by 6 points.
The other two indices, the Shariah-based DSES increased by 2 points, while the blue-chip index DS-30 remained unchanged.
During the day, a total of Tk 35.3 billion was traded on the DSE, up from Tk 31.8 billion the previous day.
Although the index increased, the prices of most companies involved in trading declined. Out of the 394 companies listed on the DSE, 139 saw a price increase, 169 saw a decrease, and the prices of 86 companies remained unchanged.
In terms of categories, the majority of companies in the A, B, and Z categories experienced a price decline.
On the other hand, out of 36 mutual funds, most of the prices remained unchanged, with 7 companies’ prices increasing, and 7 companies’ prices decreasing.
In the block market, a total of 23 companies’ shares, worth Tk 4.365 billion, were sold. Prime Bank had the largest share sale, amounting to Tk 2.65 billion.
Among the top performers on the DSE, Desco (Dhaka Electric Supply Company) saw a price increase of 9.96 per cent, while Alhaj Textile Limited experienced the largest decline of 9.75 per cent.
Decline in Chattogram
While Dhaka saw a rise, the Chattogram stock market faced a decline on the last trading day of the week. On the Chittagong Stock Exchange (CSE), the overall index dropped by 3 points.
Out of the 228 companies involved in trading, 73 saw an increase in their prices, 115 saw a decrease, and the prices of 40 companies remained unchanged.
Along with the drop in the index, trading volume also decreased on the CSE. A total of Tk 300 million worth of shares and units were traded, down from over Tk 350 million the previous day.
On the final day of trading, C&Z Textiles Limited topped the CSE with a 10 per cent price increase, while Hamid Fabrics PLC saw the biggest drop with a 10 per cent price decline.
