After three days of decline, the Dhaka Stock Exchange rebounded on Wednesday, recording its highest turnover since the Eid holidays.
The DSEX, the benchmark index of the DSE, gained 10 points on the day.
Among the other two indices, the Shariah-based DSES rose by 2 points, while the blue-chip DS30 dropped by 2 points.
Despite the overall index increase, most company share prices fell on the day.
Out of 395 companies that traded, 144 saw gains, 193 declined and the prices of 58 remained unchanged.
Price declines were observed across all three categories—A, B, and Z—with the majority of shares in each category ending lower.
Stock indices decline in Dhaka, Chittagong markets; trading volume rises
The mutual fund sector, which had shown resilience during the previous day's decline, struggled on Wednesday. Of the 36 mutual funds, only 4 saw price increases, while 24 declined and 8 remained unchanged.
In the DSE block market, shares worth Tk 22.99 crore were traded across 27 companies.
Among them, Lovello Ice Cream posted the highest block market transaction, with shares worth Tk 4 crore traded.
Total turnover on the DSE stood at Tk 527 crore—the highest since the end of the Eid holidays. The week had started with Tk 415 crore in turnover, marking a rise of over Tk 100 crore by the fourth trading day.
Confidence Cement led the gainers, soaring 10% to top the day’s list. It opened at Tk 50 per share and closed at Tk 55.
Conversely, Beach Hatchery was the day’s worst performer, losing 9.92% of its value. The stock started trading at Tk 98.80 per share but dropped to Tk 89 by the end of the session.
Chittagong Bourse in Decline
While the DSE posted gains, the Chittagong Stock Exchange (CSE) failed to follow suit. The overall index of the CSE lost 3 points by the close of trade.
Out of 219 companies that participated in trading, 85 advanced, 103 declined, and 31 remained unchanged.
But, the CSE did see an increase in turnover compared to the previous session. Shares and units worth Tk 9.82 crore were traded, up from Tk 6.50 crore the day before.
KAY&QUE topped the CSE gainers, rising by 9.96%, while Delta Spinners plummeted 10% to end as the biggest loser.