TBT DESK: The stock markets of Dhaka and Chittagong on Tuesday reversed the downtrend of their indices, showing a rise, though the overall volume of shares and units traded declined in both markets.
Despite the fall in trading, most company share prices marked a rise.
On the day, the Dhaka Stock Exchange (DSE) saw its main index, DSEX, increase by 4 points.
While the main index rose, the other two indices - the Shariah-compliant DSES fell by 2 points, and the blue-chip index DS-30 dropped by 6 points. The trading volume on DSE exceeded Tk 505 crore on the previous day, but on Tuesday, it dropped to Tk 450 crore.
Of the 398 companies involved in trading, the share price of 186 companies increased, while 156 saw a decrease and 56 companies maintained unchanged prices.
Looking at the categories, most companies in the A and B categories saw an increase in share prices, while most companies in the Z category experienced a price drop.
Out of the 95 companies listed in the Z category, 29 saw price increases, 39 saw a decrease, and 27 maintained stable prices.
Among the 36 mutual funds traded, 32 experienced an increase in value, while three remained unchanged and one saw a decrease in price.
In the block market, shares of 20 companies were traded for Tk 31.37 crore, with Marico Bangladesh Limited recording the highest trade of Tk 14.49 crore.
Prime Finance First Mutual Fund saw an impressive 9.89% price increase, topping the list on DSE. On the other hand, S Alam Cold Rolled Steels Limited dropped 8% to the bottom of the chart.
Chittagong Stock Market Shows Positive Movement
The Chittagong Stock Exchange (CSE) saw a rise in its overall index by 12 points on the same day.
Out of 206 companies traded, the share price of 88 increased, 87 dropped, and 31 companies maintained stable prices.
The total trading value in CSE reached Tk 3.83 crore, which was a slight decrease compared to Tk 4 crore on the previous day.
In CSE, Express Insurance Limited saw a significant 9.89% increase in share price, reaching the top position, while Magura Multiplex PLC fell by 9.80% to the bottom.
The stock markets in both Dhaka and Chittagong are witnessing a fluctuating trading environment, with price movements still largely positive despite a decline in trading volume.<\/p>\n","protected":false},"excerpt":{"rendered":"
TBT DESK: The stock markets of Dhaka and Chittagong on Tuesday reversed the downtrend of their indices, showing a rise, though the overall volume of shares and units traded declined in both markets.Despite the fall in trading, most company share prices marked a rise.On the day, the Dhaka Stock Exchange (DSE) saw its main index, […]<\/p>\n","protected":false},"author":6,"featured_media":27546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,110,93],"tags":[54],"class_list":["post-27545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bangladesh","category-economy-business","category-nationwide","tag-54"],"yoast_head":"\n