DSEX Drops 30.17 Points to 5,681.60

Industry: Stock Market
Company: Dhaka Stock Exchange (DSE)
Company Intelligence Tag: Business Insights

Stock market indexes in Bangladesh continued their downward trend for the second consecutive day. The Dhaka Stock Exchange’s (DSE) benchmark index, DSEX, fell by 30.17 points (0.53%) to close at 5,681.60. Similarly, the DSES, which tracks Shariah-based companies, decreased by 8.49 points (0.68%) to 1,238.19, while the DS30 index for blue-chip firms dropped 16.91 points (0.81%) to 2,068.61. The Chittagong Stock Exchange’s CASPI also declined by 41.66 points (0.26%) to 16,077.06.

Trading activity at the DSE saw a 5.08% decrease in turnover, totaling Tk 634.9 crore. Among individual stocks, Sonali Aansh Industries Limited had the highest turnover at Tk 21.9 crore. Block trades comprised 3% of the total market turnover. Most sectors experienced losses, with the engineering sector suffering the most, down by 1.23%. Pharmaceuticals fell by 1.09%, telecommunications by 0.77%, banks by 0.67%, food and allied by 0.52%, and fuel and power by 0.18%. The non-bank financial institutions (NBFIs) sector was the sole gainer, increasing by 2.11%.

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