Stock Market
Dhaka stocks fall, but Ctg up.

Dhaka stocks fall, but Ctg up

Stock Market

The key index of the Dhaka Stock Exchange (DSE) edged down today snapping gains of the previous session. The DSEX, the benchmark index of the top bourse in Bangladesh, slipped only 2 points to close at 6,260 at the end of the trading.

However, the DS30, the blue-chip index, inched up 0.04 per cent to 2,226 while the DSES, the shariah-compliant index, added 0.05 per cent to 1,362.

Turnover, a key indicator of the market, fell 16 per cent to Tk 545 crore from a day earlier. Of the securities, 47 advanced, 113 declined and 168 did not show any price movement.

Shyampur Sugar Mills made the highest gain with an increase of 10 per cent. Zeal Bangla Sugar Mills, Dhaka Insurance, Imam Button Industries, and Rangpur Dairy & Food Products were among the top gainers.

Padma Islami Life Insurance was the highest loser, shedding 5.2 per cent. National Feed Mill, Pragati Life Insurance, Fareast Finance & Investment, and Prime Islami Life Insurance were also in the list of the significant losers.

Genex Infosys was the most-traded stock with its issues worth Tk 43 crore transacting. Eastern Housing, Sea Pearl Beach Resort & Spa, Aamra Networks, and ADN Telecom also registered significant turnover. The Caspi, the all-share price index of the Chittagong Stock Exchange, rose only 4 points, or 0.02 per cent, to close at 18,450.

Of the issues, 39 rose, 46 retreated and 64 did not see any price swing. The turnover dipped more than 51 per cent to Tk 9.83 crore.