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DSE stocks rebound


By BSS
Published : 21 Oct 2024 09:31 PM

After witnessing a downward trend in the last several sessions, indices of the Dhaka Stock Exchange (DSE) on Monday rebounded as investors remained active on sector-wise issues.

After witnessing volatility, DSEX, the prime index of the DSE, went up by 12.38 points or 0.24 per cent to settle at 5,173.11. The blue-chip index DS30, which comprises 30 prominent companies, saw an increase of 7.54 points, closing at 1,903.79. Meanwhile, the DSES Index, representing Shariah-based companies, rose by 1.42 points to settle at 1,157.

Turnover, a crucial market indicator, stood at Tk 3.45 billion, down 4.9 per cent from the previous trading day. The majority of stocks experienced price decreases; out of the 397 issues traded, 150 closed higher, 184 ended lower, and 63 remained unchanged on the DSE trading floor.

Lovello Ice Cream PLC was the most-traded stock, with shares worth Tk 341.57 million changing hands, followed by Agni Systems, Far East Knitting & Dyeing Industries, BRAC Bank, and Midland Bank.

The Chittagong Stock Exchange (CSE) ended lower, with its All Share Price Index (CASPI) dropping by 36.64 points to settle at 14,513, while the Selective Categories Index (CSCX) lost 18.75 points, closing at 8,832.

The port city bourse traded 2.19 million shares and mutual fund units, with a turnover volume of Taka 59.76 million.