DSEX Inched Up by 0.02%

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

On December 20, the DSEX, the broad-based index of the Dhaka Stock Exchange (DSE), inched up by 0.02%, closing at 6,262. Both the Shariah index (DSES) and blue-chip index (DS30) settled in positive territory at 1,367 and 2,099, respectively.

Despite an initial market opening surge, sell pressure from cautious investors during the mid-session offset early gains, resulting in a flat settlement by the end of the session, according to EBL Securities. Market participation increased, with daily turnover rising by 32% to Tk689.4 crore compared to December 19, 2023.

Among the issues traded, 85 advanced, 82 declined, and 179 remained unchanged. Olympic Accessories emerged as the most traded security, while NCCBL Mutual Fund-1 experienced the highest gain at 10%, and Emerald Oil was the top loser with a 5.3% correction.

On the Chittagong Stock Exchange, the port city bourse, both the CSCX and CASPI indices showed positive movements, advancing by 5.1 and 8.3 points, respectively. Overall, the market demonstrated resilience, with increased turnover signaling heightened investor activity and individual stock movements showcasing a mix of gainers and losers.

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