Stock exchange

Stocks Open Week Higher Amid Lower Turnover

DSEX gains 31 points; EXIM Bank tops gainers, Trust Bank 1st Mutual Fund leads losers

Written by The Banking Post


After a four-day holiday, trading on the country’s two stock exchanges opened on a positive note Sunday, with key indices edging higher despite a decline in turnover.

At the Dhaka Stock Exchange (DSE), the benchmark DSEX advanced by 31 points, while the Shariah-based DSES gained 2 points and the blue-chip DS30 rose 10 points.

Of the 395 issues traded, 183 advanced, 147 declined, and 65 remained unchanged.

Most companies in the A and Z categories saw price gains, while B-category stocks mostly fell. Among the 80 firms traded in the B category, 41 declined, 31 advanced, and 8 remained unchanged.

Turnover on the DSE dropped to Tk 619 crore, down from Tk 696 crore in the previous session. In the block market, shares worth Tk 14 crore were traded across 26 companies, with Summit Alliance Port Limited leading with Tk 5 crore in transactions.

EXIM Bank PLC topped the gainers’ list, soaring 10 percent, while Trust Bank 1st Mutual Fund was the day’s worst performer, losing over 6 percent.

The Chittagong Stock Exchange (CSE) also closed higher, with its key index rising by 99 points.

Of the 194 issues traded on the port city bourse, 105 advanced, 68 declined, and 21 remained unchanged. Turnover on the CSE fell to Tk 10 crore, compared with Tk 16 crore in the previous session.

On the CSE, Social Islami Bank PLC led the gainers with a 10 percent jump, while Metro Spinning Limited dropped over 8 percent, ending as the day’s biggest loser.


About the author