Written by The Banking Post
Trading at the country’s stock exchanges remained closed on Wednesday and Thursday due to Durga Puja, leaving only three active sessions this week. Despite the shorter schedule, the Dhaka Stock Exchange (DSE) saw a notable gain in market capitalisation, while the Chattogram Stock Exchange (CSE) experienced a downturn.
Data shows that in three trading days, the DSE’s market capitalisation rose by Tk 161.4 billion to reach Tk 7.25 trillion, compared to Tk 7.23 trillion at the end of last week.
At the same time, the DSEX, the prime index of the DSE, edged up by 1 point to 5,416 on Tuesday, from 5,415 points last week. The Shariah index (DSES) also ticked higher to 1,172 points, though the DS30—comprising 30 leading companies—dropped by 21 points to settle at 2,082.
Average daily turnover at the DSE increased by 6.23 percent week-on-week, standing at Tk 6.20 billion compared to Tk 5.83 billion previously. In total, Tk 18.60 billion worth of shares changed hands in three sessions, lower than Tk 29.18 billion traded over five sessions in the previous week.
Meanwhile, the CSE painted a different picture. All key indices at the port-city bourse closed lower over the same period. The CASPI fell by 1 point to 15,079, while the CSCX dropped 13 points to 9,264.
Out of 293 securities traded on the CSE this week, 113 advanced, 159 declined, and 21 remained unchanged. Turnover fell significantly, with Tk 420 million traded in three days, compared to Tk 800 million in the previous five-day week.
