Logo
×

Follow Us

Economy

Dhaka stock index hits four-month low

Turnover increases at both bourses compared with last session

Daily Sun Report, Dhaka

Published: 20 Oct 2024

Dhaka stock index hits four-month low
A A

Share prices of over 91% companies fell at the Dhaka Stock Exchange (DSE) on Sunday, driving down the bourse’s benchmark index to its lowest level in past four months.

Indexes at Chittagong Stock Exchange also fell amid continued consumer market instability, volatile law and order situation and private sector uncertainty. However, turnover on both the bourses increased Sunday compared with the previous session on Thursday.

DSEX, the DSE's benchmark index, dropped by 97.24 points to settle at 5,160.73 points. The DSES (Shariah) index declined by 18.56 points to reach 1,155.57 points, while the DS-30 blue chip index fell by 34.14 points, closing at 1,896.25 points.

Of the 380 companies and mutual fund units traded on the DSE, the share prices of 27 companies increased, while 346 companies saw their prices decline. Prices for 27 companies remained unchanged.

Increased trading activity was observed, with total transactions rising by Tk56 crore compared to the previous session to reach Tk362 crore.

At the Chittagong Stock Exchange (CSE), trading volume increased, with transactions totaling Tk6.33 crore, up from Tk4.64 crore the previous Thursday. However, the all-stock CASPI index fell by 1.83 points, closing at 14,549.95 points.

 Out of the 230 companies and mutual funds traded at the CSE, 26 companies posted gains, while 181 companies experienced losses. The prices for 23 companies remained steady.

Read More