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Dhaka stocks edge up, Chattogram faces decline

Dhaka stocks edge up, Chattogram faces decline

Staff Correspondent 

The Dhaka stock market gained ground with most shares edging up, while the Chattogram market declined on Wednesday, the fourth trading day of the week.

In the first hour of trading, the benchmark DSEX index of the Dhaka Stock Exchange (DSE) rose by 7 points. The Shariah-compliant DSES index gained 3 points, while the DS30 index, which tracks blue-chip companies, edged up by 2 points.

Share prices increased for the majority of companies on the DSE. Out of the traded scrips, 155 companies posted gains, 105 saw a decline, and 114 remained unchanged.

During the initial hour, the total turnover in Dhaka crossed Tk 80 crore in shares and mutual fund units.

In contrast, the Chattogram Stock Exchange (CSE) saw a 14-point drop in its overall index.

Among the 73 companies that participated in trading on the CSE, prices rose for 26, fell for 34, and remained unchanged for 13.

The CSE recorded trades worth over Tk 1 crore in the first hour.

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