.webp)
The country's premier bourse, Dhaka Stock Exchange (DSE), witnessed an upward trend on Tuesday as investors remained active on sector-wise issues.
DSEX, the prime index of DSE, went up by 11.89 points or 0.23 per cent to settle at 5,247.53 at the end of trading, reports BSS.
The DSE Shariah Index (DSES) also advanced 4.43 points to close at 1,142.74. But, the DSE 30 Index, comprising blue chips, closed the day with 4.43 points down at 1,852.56.
At DSE, out of the day's 397 securities, prices of 181 securities closed higher against 147 losing issues.
The day's trade value at the DSE increased to a little over Tk 593.03 crore. It was Tk 391.55 crore at the previous session of the week.
In its daily market review, EBL Securities said the market observed a topsy-turvy swing as the core index observed an uptrend during the first hour of the session, while the subsequent sell pressure from risk-averse investors eroded most of the early gains.
The prolonged volatility across the trading floor induced investors to remain watchful of the market’s trend due to concerns surrounding the national budget declaration, it said.
Most of the large-cap sectors posted positive performance on Tuesday.
Telecommunication had the highest gain of 0.54 per cent. Block trades contributed 11.5 per cent of the overall market turnover.
Meghna Petroleum Limited was the most traded share with a turnover of Tk 25 crore.
Meanwhile, the Chittagong Stock Exchange (CSE) closed the day of the week with a downward trend with its major CASPI 29.45 points down at 14,970.94.
At the CSE, 221 issues were traded. Of those, 100 closed higher and 87 closed lower when 12.5 million shares worth Tk 93.76 crore changed hands.
