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Stock market gains in Dhaka, declines in Chittagong

Stock market gains in Dhaka, declines in Chittagong

StaffCorrespondent

The stock exchanges of the country showed contrasting trends on Thursday, the last trading day of the week.While Dhaka's market saw a rise in indices, Chittagong experienced a slight decline.In the first half of trading, all the indices at the Dhaka Stock Exchange (DSE) saw an increase.The main index, DSEX, rose by 15 points.The Shariah-based DSES index increased by 3 points, while the blue-chip DSE-30 index gained 4 points.In terms of stock prices, most companies saw an increase.Out of 209 companies, 97 saw a decrease in prices, and 86 remained unchanged. In the first two hours of trading, the DSE’s turnover surpassed Tk 270 crore.Meanwhile, the Chittagong Stock Exchange (CSE) experienced a decline in its overall index, which dropped by 3 points. Despite this, most of the stocks in the market saw price increases.

Of the 134 companies participating in the trading, 58 saw an increase in stock prices, 51 experienced a drop, and 25 remained unchanged.During the first two hours of trading at the CSE, over Tk 1.6 crore worth of shares and units were bought and sold.This dissimilar market trend between Dhaka and Chittagong has generated mixed reactions among investors.

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