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Bangladesh stock exchanges record gains driven by large-cap securities

EditorHari Govind
Published 05/11/2023, 13:04
© Reuters.
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Both Dhaka and Chittagong Stock Exchanges in Bangladesh experienced gains on Sunday, propelled by activity in large-cap securities including CRYSTALINS, United Insurance, Eastern Insurance, KBPPWBIL, and Intraco.

The prime index of the Dhaka Stock Exchange (DSE), DSEX, rose by 7.19 points to end at 6,275.09. Concurrently, the DSES index increased by 0.77 point to settle at 1,359.96. Despite these overall gains, the DSE 30 Index, which includes blue chips such as FARCHEM, CAPITECGBF, and AMBEEPHA, dipped slightly by 0.32 point to close at 2,133.41.

Meanwhile, the Chittagong Stock Exchange's (CSE) main index CSCX rose by 2.46 points to conclude at 11,111.41, despite EASTRNLUB being among the day's losers.

In terms of trading activity at DSE on Sunday, 106 securities closed higher against 40 that lost value. The total trade value at DSE saw an increase to Tk 4705.96 million ($56 million). On the other hand, shares worth Tk 60.5 million ($720 thousand) changed hands at CSE.

This recent activity indicates a positive momentum in Bangladesh's stock exchanges driven by large-cap securities, although some blue-chip stocks recorded minor losses.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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