The Dhaka Stock Exchange (DSE) experienced a significant drop in turnover, decreasing by 19% to Tk438 crore compared to the previous session. This decline was largely attributed to most stock prices remaining stuck at the floor price. The benchmark DSEX index saw a marginal increase of 1.72 points, closing at 6,277.
The Chittagong Stock Exchange (CSE) also observed a modest uptick, with the all-share price index CASPI rising by 2.37 points to 18,591. At the DSE, 67 stocks advanced, 77 declined, and 157 remained unchanged. Tosrifa Industries emerged as the top-traded share with a turnover value of Tk23 crore, followed by Sea Pearl Beach Resort and Fu Wang Food.
Imam Button was the top gainer during the session, with its share price increasing by 9.94%. In contrast, Khan Brothers PP Woven was the worst-performing stock, experiencing a significant drop of over 9%. The decrease in turnover and the prevalence of floor prices suggest a cautious and uncertain market sentiment, potentially influenced by various factors such as economic conditions and investor sentiment.
Source for more details:
