Photo: Collected
The Dhaka Stock Exchange (DSE) witnessed an increase in all major indices, with trading volume nearing Tk 500 crore on Tuesday, the third trading day of the week. The trading session at the DSE began with an upward trend in the indices.
Within the first 40 minutes, the benchmark DSEX index rose from 5,195 points to 5,234 points. After the initial surge, the indices started falling in the subsequent hours. Although the market could not maintain its positive momentum throughout the day, the DSEX index ended the session 5 points higher than the previous trading day.
The other two indices, the Shariah-based DSES and the blue-chip index, both saw increases of 1 point and 2 points, respectively.
A total of 165 companies saw their share prices rise, while 156 companies experienced a drop, and the prices of shares in 80 companies remained unchanged. In the A category, 90 companies saw price increases, 90 witnessed price drops, and 41 companies had unchanged share prices.
In the B category, 41 companies saw their prices rise, 28 saw them fall, and 19 companies had stable prices. The Z category saw 32 companies' prices increase, while 35 companies saw their prices drop, and 20 remained unchanged. In the newly listed N category, two companies saw their prices rise, and 3 saw their prices decrease.
Among the 37 mutual funds traded, 17 saw their share prices remain unchanged, 15 saw price increases, and 5 experienced declines. In the block market, 73 companies traded a total of 1.96 million shares, valued at Tk 15.49 crore. Compared to the previous day, the total market turnover increased by Tk 73 crore, reaching Tk 499.14 crore with 163,900 shares and units traded.
Best Holdings topped the gainers' list with a 9.85% increase in its share price. On the other hand, Associate Oxygen Limited experienced a 10% decrease in share price, making it the top loser. In addition to the trading activity, three companies declared dividends for the July quarter. Gemini Sea Food PLC announced a 7.5% dividend, Munno Fabrics Limited issued a 1% dividend and Paramount Textile PLC declared a 5% dividend per share.
The positive momentum was also seen in the Chittagong Stock Exchange (CSE), where the CSE All Share Index (CSCX) rose by 38 points. Among the 147 companies traded, 95 saw their prices increase, 61 saw their prices decrease, and 31 remained unchanged. The total trading volume on the CSE amounted to Tk 4.55 crore, which was Tk 2 crore higher than the previous day's trading.
Messenger/Tareq