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Business Report
Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Wednesday also witnessed an upward trend like earlier as bargain hunters continued to take positions in lucrative issues in anticipation of a slight reversal from the market’s prolonged bearish sentiment.
The prime index of the Dhaka Stock Exchange (DSE) increased by 22.73 points to settle at 5,170.06. The blue-chip index DS30, comprising 30 leading companies, increased by 3.61 points to 1,914.23, while the DSES Index, representing Shariah-compliant companies, increased by 7.95 points to 1,147.23 by the close.
Turnover, a crucial indicator of the market, stood at Tk 4.71 billion, up 6.02 per cent from the previous trading day, reports BSS.
The majority of the stocks saw a price increase, as out of the 401 issues traded, 207 closed higher, 129 ended lower, and 65 remained unchanged on the DSE trading floor.
Midland Bank was the most-traded stock with shares worth Tk 123.70 million changing hands, followed by Orion Infusion, Agni Systems, Beach Hatchery and Grameenphone.
The Chittagong Stock Exchange (CSE) also ended up with its All Share Price Index (CASPI) increasing by 35.39 points to settle at 14,442 and the Selective Categories Index (CSCX) increasing by 8.99 points to settle at 8,761.