Stocks on DSE up, down on CSE

After witnessing a downward trend in the last session, Dhaka Stock Exchange (DSE), today rebounded as investors remained active on sector-wise issues.

DSEX, the broad index of the Dhaka Stock Exchange, edged up by 2.6 points and settled at 5,245 points as against 5,243 points in the previous trading session. DSE Shariah Index (DSES) also closed the day with 8.59 points up at 1,162.52. But, the DSE 30 Index, comprising blue chips, closed the day with 8.26 points down at 1,934.64.

The market volatility persisted throughout the session as investors remained active on both sides of the trading fence.

However, trading activities remained sluggish as total turnover in DSE decreased by 23.7 percent to a 3-week low of Taka 3.9 billion as against Taka 5.1 billion in the previous session.

On the sectoral front, Bank (17.1 percent) issues exerted the highest turnover, followed by Food (14.2 percent) and Pharma (12.7 percent) sectors. Most of the sectors displayed mixed returns, out of which Jute (-2.5 percent), General Insurance (-2.4 percent) and Life Insurance (-1.6 percent) exerted the most correction, while Financial Institution (5.2 percent), Tannery (1.5 percent) and Bank (0.6 percent) exerted some gains on the bourse today.

Out of the 397 issues traded, 112 advanced, 180 declined and 105 remained unchanged.

The port city bourse, CSE, settled on red terrain. The selected indices (CSCX) and All Share Price Index (CASPI) declined by 11.1 and 18.9 points, respectively. (BSS)