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DSE stocks up, CSE’s down

TBP Desk
15 Jul 2024 19:53:03 | Update: 15 Jul 2024 19:53:03
DSE stocks up, CSE’s down

The country's premier bourse, the Dhaka Stock Exchange (DSE), on Monday witnessed an upward trend as investors continued their buying spree on large-cap issues amid optimism.

DSEX, prime index of the DSE, went up by 2.17 points or 0.04 per cent to settle at 5,484.97. Two other indices also ended higher with the DSE 30, comprising blue chips, rose 7.18 points to finish at 1,944.29 and the Shariah index, the DSES, advanced 0.73 point to close at 1,203.43.

Of the 397 issues traded, 140 advanced, 191 declined and 66 issues remained unchanged on the DSE trading floor, reports BSS.

Daily trade turnover increased to Tk 662.246 crore on the country's premier bourse, which was recorded at Tk 622.259 crore during the previous session of the week.

The benchmark index of the Dhaka bourse ended on a flat note, managing to stay afloat in green territory after three consecutive sessions of correction since opportunistic investors sought bargain hunting opportunities in sector-specific issues while the overall market sentiment remains subdued, said EBL Securities, a brokerage house, in its daily market review.

The market witnessed mild volatility throughout the session as investors remained active on both sides of the trading fence. Cautious investors remained observant of the market’s trend ahead of the announcement of the upcoming monetary policy statement, adds the EBLSL review.

ISNLTD was the day's top gainer, rising 9.93 per cent, while LINDEBD was the worst sufferer, shedding 3 per cent.

Meanwhile, the Chittagong Stock Exchange (CSE) closed the day amid a downward trend with its major CASPI 29.01 points down and settling at 15,632.05.

A total of 246 issues were traded at the CSE. Of which, 75 closed higher and 143 closed lower as 21.72 lakh shares worth about Tk 6.90 crore changed hands.

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