Stock indices at both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) extended their gains on Wednesday, marking the second consecutive day of rise in the country’s capital market, despite a decline in overall turnover.
At the DSE, the benchmark index DSEX advanced by 34 points. Among the other indices, the Shariah-based DSES rose by 4 points, while the blue-chip DS30 gained 16 points.
Prices, however, fell for most listed companies at the DSE, as 191 issues closed lower against 134 gainers, while prices of 64 shares remained unchanged.
The turnover eased on the fourth trading day of the week following Tuesday’s highest transaction of the year. Shares and units worth Tk 633 crore were traded on the DSE, down from Tk 693 crore in the previous session.
In the block market, shares of 33 companies worth Tk 21 crore changed hands, with Trust Bank PLC accounting for the highest turnover of about Tk 4 crore.
Pubali Bank PLC topped the DSE gainers’ chart with its price rising more than 7 percent, while FAS Finance and Investment Limited ended as the worst loser, shedding over 10 percent.
The CSE also saw a positive close, with its broad-based index CASPI rising by 114 points.
At the port city bourse, prices increased for most issues as 86 companies advanced against 78 decliners, while 23 issues closed unchanged.
The total turnover at the CSE stood at Tk 8 crore, down from Tk 13 crore in the previous trading session.
Silva Pharmaceuticals Limited emerged as the top gainer at the CSE, jumping nearly 10 percent, while Phoenix Finance 1st Mutual Fund closed at the bottom of the chart after losing more than 9 percent.