Dhaka stocks rise, but turnover declines
Stocks returned to the green today after falling for two consecutive days, but the turnover of the Dhaka Stock Exchange (DSE) experienced a fall.
The DSEX, the benchmark index of the DSE, advanced 15 points, or 0.25 per cent, to 6,195.
The DS30, the blue-chip index, rose 0.12 per cent to 2,194 while the DSES, the index that represents shariah-based companies, up 0.24 per cent to 1,355.
Among the traded companies, 74 advanced, 91 declined and 168 remained the same.
Turnover, an important indicator of the market, hit Tk 258 crore, which is 4 per cent lower than the previous day's Tk 269 crore.
Islami Commercial Insurance posted the highest appreciation, rising 9.87 per cent, while Orion Infusion surged 8.7 per cent and eGeneraion Ltd advanced over 7 per cent.
Tallu Spinning Mills suffered the sharpest fall, sliding 1 per cent. Here, Renwick Jasneswa, Eastern Lubricants, and Libra Infusion also dropped by around 1 per cent each.
Orion Infusion was the most-traded stock on the day with its shares worth Tk 23 crore transacted. Orion Pharma, Monno Ceramic Industries, and Intraco Refueling Station also saw significant transactions.
The Caspi, the all-share price index of the CSE, increased 15 points, or 0.08 per cent, to end the day at 18,294.
Of the securities that transacted at the port city bourse, 34 advanced, 25 declined, and 77 did not show any price movement.
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