DSE ended lower, CSE higher after volatile trading Monday

DSE, CSE Logos

The Dhaka Stock Exchange (DSE) ended Monday’s trading session lower despite an early rise, while the Chittagong Stock Exchange (CSE) closed the day in a positive territory.

At the DSE, the benchmark index DSEX shed 8 points, while the Shariah-based DSES fell by 4 points. The blue-chip index DS30, however, gained 3 points.

Most of the traded issues ended in the red, as prices of 223 companies declined against 127 gainers, while 47 issues remained unchanged.

Across all three categories — A, B and Z — the majority of issues lost value. In the A category, which includes companies that pay the highest dividends, 148 issues declined, while 53 advanced and 20 remained unchanged.

In the DSE block market, shares worth Tk 20 crore of 32 companies were traded, with Square Pharmaceuticals leading the board by selling shares worth Tk 4 crore.

The DSE posted a turnover of Tk 1,400 crore, slightly lower than the previous day’s Tk 1,441 crore.

S Alam Cold Rolled Steels topped the gainer’s list with a rise of over 9 percent, while Trust Life Insurance suffered the steepest fall, losing more than 9 percent.

On the other hand, the CSE witnessed an upward trend, with its overall index gaining 48 points.

Out of the traded issues, 127 advanced, 111 declined and 26 remained unchanged.

The port city bourse saw a turnover of Tk 16 crore, down from Tk 18 crore in the previous session.

Apollo Ispat Complex topped the gainers at the CSE with a rise of over 10 percent, while International Leasing and Financial Services suffered the biggest fall, dropping by more than 10 percent. - UNB