Online Report : On Sunday, July 27, the first trading day of the week, both of Bangladesh’s major stock exchanges — the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) — witnessed upward trends in their respective indices.
The information was confirmed by sources from both exchanges.
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As of 10:30 AM, the DSE`s benchmark index, DSEX, had gained 13 points from the previous day to stand at 5,406 points. The Shariah Index (DSES) rose by 4 points to reach 1,177, while the DS30 Index dropped by 7 points to stand at 2,082.
During this time, shares and mutual fund units worth BDT 1.81 billion were traded on the DSE. Of the companies traded, 212 saw price increases, 66 declined, and 93 remained unchanged.
The top 10 most traded companies on the DSE up to 10:30 AM were: BATBC, Express Insurance, City Bank, Dhaka Bank, BSC, Rahima Food, Lovello Ice Cream, Bank Asia, Jamuna Bank, and BRAC Bank.
Earlier in the session, the market opened with a slight dip. In the first five minutes of trading, the DSEX fell by 6 points. By 10:10 AM, it dropped an additional 5 points. However, the market reversed course shortly thereafter, gaining momentum. By 10:20 AM, the DSEX had increased by 17 points to reach 5,409.
Meanwhile, at the CSE, the CASPI index rose by 43 points to reach 15,057 as of 10:30 AM. The trend at the CSE was also upward.
Up to 10:30 AM, shares and mutual fund units worth BDT 16 million were traded on the CSE. Of the traded issues, 38 companies saw their prices increase, 10 declined, and 3 remained unchanged.
The early signs indicate positive investor sentiment in the capital markets as the week begins.