Capital market rebounds on week’s first trading day

DSE, CSE Logos

Despite opening lower, both Dhaka and Chattogram stock exchanges closed higher on the first trading day of the week on Sunday.

At the Dhaka Stock Exchange (DSE), the benchmark DSEX gained 46 points while the Shariah-based DSES rose 9 points and the blue-chip DS30 index added 5 points.

Most stocks ended higher, with 250 companies posting gains, 84 declining, and 47 remaining unchanged.

In the block market, shares worth Tk 19 crore were traded among 17 companies, with Square Pharmaceuticals PLC leading at Tk 12 crore.

The total turnover at DSE stood at BDT 385 crore, down from BDT 445 crore in the previous session.

Sun Life Insurance Company Limited topped the gainers with nearly 10% rise, while Energypac Power Generation PLC fell around 8% to the bottom.

The Chittagong Stock Exchange (CSE) also saw an upward trend, with the CASPI index rising 34 points.

Out of the traded companies, 95 saw price increases, 56 declined, and 15 remained unchanged.

The turnover doubled to Tk 15 crore from Tk 7 crore in the previous session.

Ring Shine Textiles Limited led the gainers with a 10% rise, while Kohinoor Chemical Company (BD) Limited fell about 13% to the lowest. - UNB