DSE rises, CSE slides amid volatile trading
The indices on the Dhaka Stock Exchange (DSE) edged up while the indicators on the Chittagong Stock Exchange (CSE) slid on Wednesday amid volatile trading.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), settle at 5,411, gaining 11.16 points over the previous day.
Two other indices also ended marginally higher. The DS30 index, comprising blue chips, advanced 2.70 points to finish at 1,897 and the DSE Shariah Index gained 2.78 points to close at 1,235.
Turnover stood at Tk 5.54 billion, which was 5.0 per cent higher than the previous day's turnover of Tk 5.28 billion.
A total number of 139,036 trades were executed in the day's trading session with trading volume of 161.70 million securities.
The market capitalisation of the DSE also rose to Tk 3,989 billion on Wednesday, from Tk 3,984 billion in the previous session.
The losers, however, took a modest lead over the gainers, as out of 351 issues traded, 174 declined, 124 advanced and 53 issues remained unchanged on the DSE trading floor.
Rupali Life Insurance was the day's best performer, posting a gain of 9.95 per cent while Northern Insurance was the worst loser, losing 6.52 per cent.
The CSE with its CSE All Share Price Index - CASPI -lost 9.58 points to settle at 16,565 and the Selective Categories Index - CSCX -skid 6.24 points to finish at 10,038.
The losers beat gainers, as 141 issues closed lower, 104 ended higher and 22 remained unchanged on the CSE trading floor.The port city bourse traded 8.74 million shares and mutual fund units worth Tk 355 million in turnover.