Bangladesh Stocks End Flat

Last updated: July 15, 2024

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks ended on a flat note on Monday despite the overall market sentiment remains subdued.

The prime index of the Dhaka Stock Exchange (DSE) inched up by 2.17 points, settling at 5,485.

The blue-chip index DS30, a group of 30 prominent companies, rose by 7.17 points to 1944.29, while the DSES Index, representing Shariah-based companies, decreased by 0.73 to 1,203.43.

Turnover, a crucial indicator of the market, increased by 6.43 per cent to BDT 6.62 billion from the previous day.

The majority of the stocks saw a price decline, as out of 397 issues traded, 140 closed higher, 191 lower, and 66 remained unchanged.

Orion Infusion Ltd was the most traded stock, with shares worth BDT 572.35 million changing hands, followed by Sea Pearl Beach Resort & Spa Limited, Taufika Foods and Lovello Ice-cream PLC, Eastern Bank and Far East Knitting & Dyeing Industries Limited.

On the other hand, the Chittagong Stock Exchange (CSE) also ended lower, with its All Share Price Index (CASPI) losing 29 points to settle at 15632 and the Selective Categories Index (CSCX) losing 17.71 points to settle at 9408.

The port city bourse traded 2.17 million shares and mutual fund units with a turnover volume of BDT 69.4 million.

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