Stock exchange

DSE Ends Lower, CSE Higher After Volatile Trading

Written by The Banking Post


The Dhaka Stock Exchange (DSE) closed Monday’s session in the red despite an early rise, while the Chittagong Stock Exchange (CSE) finished higher.

At the DSE, the benchmark index DSEX slipped 8 points, while the Shariah-based DSES lost 4 points. The blue-chip DS30, however, gained 3 points.

Market breadth was negative, with prices of 223 companies declining, 127 advancing and 47 remaining unchanged. In the A category—comprising top dividend-paying firms—148 issues fell, 53 advanced and 20 were flat.

Turnover on the DSE stood at Tk 14 billion, slightly lower than the previous day’s Tk 14.41 billion. In the block market, shares worth Tk 200 million changed hands across 32 companies, with Square Pharmaceuticals leading at Tk 40 million.

Among individual movers, S Alam Cold Rolled Steels surged over 9 percent to top the gainers’ list, while Trust Life Insurance slumped more than 9 percent, marking the day’s sharpest fall.

Meanwhile, the CSE posted gains, with its overall index rising by 48 points. Of the traded issues, 127 advanced, 111 declined and 26 remained unchanged. The port city bourse recorded a turnover of Tk 160 million, down from Tk 180 million in the previous session.

At the CSE, Apollo Ispat Complex jumped over 10 percent to lead the gainers, while International Leasing and Financial Services plunged more than 10 percent, registering the steepest decline.


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