Dhaka Stock Exchange (DSE) rebounded on Monday after an early slump, with key indices closing higher, although prices of most listed companies ended the session lower.
The benchmark DSEX index gained 8 points by the end of trading. The Shariah-based DSES advanced 4 points, while the blue-chip DS30 rose by 2 points.
Despite the index gains, market breadth remained negative. Of the traded issues, prices fell for 189 companies, rose for 116, while 85 issues remained unchanged.
The turnover declined further, with total transactions amounting to Tk 492 crore, down from Tk 526 crore in the previous session.
In the block market, shares of 23 companies worth Tk 20 crore were traded. Fine Foods Limited topped the list with block trades worth Tk 6 crore.
Stocks mixed at midday: DSE slips, CSE gains
Pragati Life Insurance PLC emerged as the top gainer on the DSE, soaring nearly 10 percent, while FAS Finance and Investment Limited ended as the worst loser, shedding around 9.5 percent.
The Chittagong Stock Exchange (CSE) also closed higher, with its benchmark CASPI index adding 43 points.
However, similar to the DSE, most issues on the CSE ended lower. Prices declined for 74 companies, rose for 61, and remained unchanged for 31.
The turnover at the CSE dropped sharply to Tk 4 crore, compared to Tk 9 crore in the previous trading day.
DSE, CSE end week’s first session in red
IFL Islamic Mutual Fund-1 topped the CSE gainers’ chart with a 10 percent rise, while Tallu Spinning Mills Limited hit the floor, losing 10 percent.