The stock market closed mixed on Monday as the benchmark index of the Dhaka Stock Exchange (DSE) edged up marginally, while the Chittagong Stock Exchange (CSE) ended lower amid broad-based price declines.
Despite remaining under pressure for most of the session, the DSE’s key index DSEX managed to close 2 points higher.
Among the other indices, the Shariah-based DSES remained unchanged, while the blue-chip DS30 gained 1 point.
Market breadth, however, stayed negative on the DSE, with prices falling for 175 companies against gains for 140, while 78 issues remained unchanged.
The turnover on the premier bourse declined by Tk 6 crore to Tk 352 crore, down from Tk 412 crore in the previous session.
In the block market, shares of 20 companies worth Tk 13 crore were traded, with Fine Foods Limited accounting for the highest turnover of Tk 4 crore.
Chartered Life Insurance PLC topped the DSE gainers’ list after its share price rose 7 percent, while Premier Leasing and Finance Limited plunged 10 percent to become the worst performer of the day.
The CSE extended its losing streak for a second consecutive session, with the All Share Price Index (CASPI) shedding 20 points.
Most stocks closed lower on the port city bourse as prices declined for 83 companies, rose for 43, and remained unchanged for 19.
The turnover on the CSE, however, increased to Tk 7 crore from Tk 4 crore a day earlier.
S. Alam Cold Rolled Steels Limited topped the CSE gainers with a 10 percent rise, while FAS Finance and Investment Limited ended at the bottom of the chart, losing 10 percent.