The Dhaka and Chittagong stock exchanges experienced a positive start to the week, with indices rising steadily throughout the trading day.
On Sunday, the main index of the Dhaka Stock Exchange (DSE), the DSEX, gained 13 points.
The other two indices, the Shariah-compliant DSE30 and the blue-chip DSE30, saw increases of 1.5 points and 4 points, respectively.
Throughout the day, the majority of companies saw an increase in share prices. Out of 394 companies listed, 187 experienced a rise in share prices, 155 saw declines, and 22 remained unchanged.
Nine companies declared dividends for the third quarter, distributing returns based on face value per share.
Stock market opens on a positive note in Dhaka and Chattogram
Although the majority of companies saw price increases, most of those in the "A" category saw declines. In this category, 102 companies experienced price decreases, 85 saw increases, and 30 remained unchanged.
The "B" category saw 53 companies with increased share prices, 22 with declines, and 11 that remained unchanged. The "Z" category had 49 companies with price increases, 28 with declines, and 11 that remained the same.
Among the 37 mutual funds traded, most had unchanged prices. However, 11 saw price increases, 9 experienced declines, and 16 remained stable.
In the block market, 33 companies saw 5.1 million shares traded, amounting to Tk 18 crore. Among these, Bich Hatchery Limited was the standout, selling 615,934 shares at a price of Tk 96.90 per share, generating a total of Tk 5.83 crore.
The top performer of the day was Golden Sun Limited, a "B" category company, which saw its share price increase by 10 percent. On the other hand, Zill Bangla Sugar Mills Limited saw a decline of 5.97 percent, positioning it at the bottom of the price movement list.
While the main index rose, the SME index saw a dip, losing 18 points, which resulted in a 1.5 percent drop. Of the 18 companies in this sector, 12 experienced declines, while 6 saw price increases.
Stock markets decline throughout week, investors left disheartened
Despite the rise in indices, overall trading volume decreased by Tk 33 crore compared to the previous week's final trading day. At the close of trading, the total turnover in the Dhaka stock market amounted to Tk 356 crore, down from Tk 389 crore on the last day of the previous week.
The Chittagong Stock Exchange (CSE) mirrored the DSE in terms of the rise in the overall index, which increased by 50 points.
Out of 204 companies traded, 97 saw price increases, 73 experienced declines, and 34 remained unchanged.
Like the DSE, the CSE also saw a decrease in trading volume, with turnover dropping by Tk 8.6 crore compared to the previous week's close. The total turnover for the day in the CSE stood at Tk 4.15 crore.
END/UNB/MM/SAM