Dhaka,  Sunday
19 January 2025

Slight rise in key index at start of week’s trading

Messenger Online

Published: 12:07, 19 January 2025

Slight rise in key index at start of week’s trading

Photo: Collected

The Dhaka Stock Exchange (DSE) witnessed a slight rise in its key index during the first hour of trading on Sunday, the first working day of the week. In the opening hour, the DSEX, the benchmark index of the DSE, gained 1 point. Among the other indices, the Shariah-based DSES also rose by 1 point, while the blue-chip DS30 index declined by 3 points.

During this period, the total turnover on the DSE stood at Tk 94.36 crore. Of the traded companies, the share prices of 165 increased, 116 decreased, and 83 remained unchanged.

In a notable development, Power Grid Company Limited announced the removal of its price limit on share trading. Besides, the company revealed that it would not declare any dividends for investors for the July quarter of the last year.

Despite the absence of dividends, the company's earnings per share (EPS) for the period stood at Tk 5.01. Meanwhile, the Chittagong Stock Exchange (CSE) also started the week with an upward trend.

The CSE All Share Price Index (CASPI) increased by 11 points in the first hour of trading. On the CSE, share prices of 37 companies rose, 19 fell, and 8 remained unchanged.

The total turnover at the CSE during this time amounted to Tk 62.29 lakh. Both markets reflect cautious optimism among investors as the week begins, despite mixed movements in individual indices and shares.

Messenger/Tareq