The Dhaka Stock Exchange (DSE) witnessed a positive start to trading, with a significant turnover of almost Tk 5.0 billion within two hours. This uptrend followed the previous week’s downturn. The DSEX, the DSE’s prime index, increased by 7.54 points, reaching 6,309. The DS30 Index, comprising blue-chip companies, also gained 3.22 points, reaching 2,137. However, the Shariah-based companies represented by the DSES index experienced a slight dip of 0.51 points to 1,360.
Turnover is a crucial market indicator and reached Tk4.82 billion within the first two hours of trading. Notably, insurance stocks were the center of attention, with Paramount Insurance being the most-traded stock, with Tk 312 million in shares changing hands. Other actively traded insurance stocks included Provati Insurance, Unique Hotel & Resorts, Continental Insurance, and Meghna Life Insurance.
Of the total issues traded during this period, 69 advanced, 88 declined, and 124 remained unchanged on the DSE trading floor. Additionally, the Chittagong Stock Exchange (CSE) also saw a positive opening, with the CASPI index rising by 32 points to 18,658 during this time.