Indices rally at DSE, CSE as turnover, share prices rise

DSE, CSE Logos

Stocks witnessed a sharp rise at the Dhaka and Chattogram bourses on Sunday, the first trading day of the week, as indices, turnover and most share prices moved higher.

At the Dhaka Stock Exchange (DSE), the key index DSEX gained 51 points during the day’s trade.

The Shariah-based DSES rose 9 points while the blue-chip DS30 advanced 22 points.

Of the 398 issues traded, 205 advanced, 135 declined and 58 remained unchanged.

Most of the gains came from A and B-category companies, while prices in the Z-category slightly fell.

Out of 220 A-category companies, 122 advanced, 78 declined and 20 remained unchanged.

In the block market, shares worth Tk 16 crore of 32 companies were traded, with Fine Foods leading at Tk 3.16 crore.

The turnover also increased alongside the indices.

DSE’s daily turnover stood at Tk 801 crore, compared with Tk 703 crore in the previous session.

Desh Garments topped the gainers’ list with a rise of more than 9 percent, while Fareast Finance and Investment slumped over 6 percent to end as the worst performer.

CSE also Up

The upward momentum was also seen on the Chittagong Stock Exchange (CSE), where the overall index gained 124 points.

Of the 173 issues traded, 88 advanced, 64 declined and 21 remained unchanged.

The turnover at the CSE surged to Tk 13 crore from Tk 4 crore in the previous session.

Beacon Pharmaceuticals led the gainers with a 9 percent rise, while Advent Pharma dropped 9 percent to end as the day’s worst loser. - UNB