Chattogram Stock Exchange
Bangladesh’s stock market sees slight recovery after consecutive declines
After three consecutive days of decline, the stock markets in Dhaka and Chattogram witnessed a slight rise in indices on Wednesday, the fourth trading day of the week.
At the Dhaka Stock Exchange (DSE), the key index, DSEX, increased by 2 points.
The other two indices, the Shariah-based DSES and the blue-chip DS30, saw marginal gains within decimal points.
Despite the index increase, the majority of companies listed on the DSE experienced a drop in share prices.
The daily transaction volume of shares and units also declined. The total transaction value stood at Tk 318 crore, down from Tk 338 crore on the previous trading day.
Out of the 397 traded companies, 123 saw an increase in share prices, 184 witnessed a decline, while 90 remained unchanged.
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In terms of category-wise performance, most companies in the A, B, and Z categories registered price drops.
Among the 36 mutual funds traded, the majority remained unchanged, with six gaining in value and ten declining.
All three corporate bonds traded on the DSE saw a decrease in prices. Additionally, there were no transactions in government securities on Wednesday.
In the block market, 30 companies sold 60 lakh shares worth Tk 17 crore. Beach Hatchery led this segment, selling 7.6 lakh shares for Tk 8.12 crore.
Hakkani Pulp & Paper Mills Limited topped the gainers’ list with a 9.90% price increase, while Sonargaon Textile Limited suffered the highest loss, dropping by 9.28%.
Slight Uptick in Chattogram
Similar to Dhaka, the Chattogram Stock Exchange (CSE) also experienced a modest increase in its overall index, which rose by 4 points.
Of the 208 traded companies, 86 saw a rise in share prices, 86 declined, and 36 remained unchanged.
Despite the index increase, the trading volume at CSE was lower compared to the previous day. The total value of transactions amounted to Tk 3.61 crore, down from Tk 4.37 crore.
Legacy Footwear Limited emerged as the top gainer at the CSE, with a price increase of 9.81%, while Eastern Insurance Company Limited recorded the biggest drop, losing 9.88% in value.
11 days ago
Mixed trends in stock markets: DSE gains, CSE declines in early trading
On the last trading day of the week, the Dhaka Stock Exchange (DSE) saw a rise in its key index, while the overall index of the Chattogram Stock Exchange (CSE) declined.
On Thursday, the DSE's benchmark index, DSEX, gained 5 points at the opening of trading.
Among the other indices, the Shariah-based DSES edged up by 1 point, while the blue-chip DS30 index dropped by 11 points.
Most listed companies saw an increase in share prices. Out of the traded companies, 231 recorded gains, 68 experienced losses, and 73 remained unchanged.
In the first hour, the total turnover at DSE surpassed Tk 130 crore.
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Meanwhile, at the Chattogram Stock Exchange (CSE), the overall index dropped by 13 points.
Among the 70 traded companies, share prices rose for 40, declined for 19, and remained unchanged for 11.
CSE recorded a total turnover of over Tk 73 lakh in the first hour of trading.
17 days ago
Stock market rises, turnover surpasses Tk 500 crore again
On the second trading day (Monday) of the week, both the Dhaka and Chattogram stock markets saw an increase in indices.
While turnover in Chattogram rose, Dhaka Stock Exchange (DSE) turnover surpassed Tk 500 crore once again.
On the day, the DSE’s main index, DSEX, gained 10 points over the day’s trading. The Shariah-based DSES rose by 3 points, while the blue-chip DS-30 advanced by 5 points.
The total turnover on the DSE stood at Tk 544 crore, up from Tk 487 crore the previous day.
Among the 398 companies that traded on the DSE, prices increased for 173, declined for 154, and remained unchanged for 71.
Although most company shares saw a rise in value, within the ‘A’ category, 75 companies recorded price increases, whereas 95 experienced a decline.
Among the 37 mutual funds that traded, the majority saw no change in price. Five funds experienced price gains, while 13 saw price declines, with 19 remaining unchanged.
Dhaka stock market rises in first hour, Chattogram falls
In the block market, 40 lakh shares of 23 companies were traded for a total value of Tk 15.70 crore. Beach Hatchery Limited recorded the highest transaction, selling shares worth Tk 3.74 crore.
Kattali Textile Limited topped the daily gainers' list on the DSE with a 9.84% price increase, while Meghna Cement Mills PLC saw the steepest decline, with its share price falling by 3.80%.
Chattogram Sees Growth
On Monday, the Chattogram Stock Exchange (CSE) also experienced a rise, with its overall index gaining 56 points. Out of 208 companies that traded, 109 saw price increases, 71 recorded declines, and 28 remained unchanged.
The total turnover on the CSE amounted to Tk 31 crore, significantly higher than the Tk 10 crore traded the previous day.
Among the traded companies, Bashundhara Paper Mills Limited emerged as the top gainer, witnessing a 9.89% price surge.
Meanwhile, Runner Automobiles PLC saw the highest decline, with its price dropping by 7.77%.
20 days ago
Dhaka stocks begin week on a positive note, Chattogram sees decline
The first trading session of the week saw an upward trend in Dhaka's stock market, with all major indices posting gains, but trading in Chattogram started with a decline.
On Sunday, the Dhaka Stock Exchange (DSE) observed a rise in its key index, the DSEX, which gained 13 points.
Among the other indices, the Shariah-compliant DSES recorded a marginal increase, while the selective blue-chip index rose by 5 points.
During the first two hours of trading, the share prices of most listed companies surged.
A total of 245 companies saw their stock prices rise, while 87 companies experienced a decline and 56 remained unchanged.
At the beginning of the session, the trading turnover at the DSE surpassed Tk 190 crore.
On the other hand, the Chattogram Stock Exchange (CSE) experienced a downturn, with its overall index decreasing by 5 points.
DSE opens lower, CSE sees early gains
Despite the decline in the index, the share prices of a majority of the listed companies increased.
Out of the 102 companies traded at the CSE, 55 witnessed price appreciation, 29 saw a decline, and 18 remained unchanged.
During the first two hours of trading, the turnover at the CSE exceeded Tk 2 crore.
21 days ago
Dhaka stock market opens higher, Chattogram sees decline
Dhaka’s stock market opened on a positive note on Monday, the second trading day of the week, while Chattogram’s market saw a decline at the beginning of the session.
At the start of trading on the Dhaka Stock Exchange (DSE), the benchmark DSEX index rose by 11 points.
Meanwhile, the Shariah-based DSES index increased by 3 points, and the blue-chip DS30 index gained 2 points.
At the beginning of the session, share prices of 170 companies increased, while 85 saw a decline, and 78 remained unchanged.
Within the first half-hour of trading, shares and units worth over Tk 60 crore were exchanged on the DSE.
Stock Market Slump: DSEX index falls by 40 points in three days
On the other hand, the Chattogram Stock Exchange (CSE) witnessed a decline, with its overall index dropping by 18 points at the start of trading.
Out of 39 companies traded on the CSE, prices of 21 shares increased, while 14 declined, and 4 remained unchanged.
The total value of shares and units traded in the opening session exceeded Tk 20 lakh.
1 month ago
Stock markets open higher in Dhaka, Chattogram
Trading at both the Dhaka and Chattogram stock exchanges began on an upward trend on Wednesday (5 February), with most company shares witnessing price increases.
At the start of the trading session, the benchmark index of the Dhaka Stock Exchange (DSE), the DSEX, rose by 27 points. The Shariah-based DSES index and the blue-chip DS30 index each gained 7 points.
In the early hours of trading, share prices increased for 250 companies, while 52 saw declines, and 59 remained unchanged.
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During the first hour, the DSE recorded share and unit transactions worth over Tk 100 crore.
Meanwhile, the overall index of the Chattogram Stock Exchange (CSE) increased by 14 points at the beginning of the session.
Among the 60 companies traded on the CSE, prices rose for 38, fell for 16, and remained unchanged for 6. The total value of shares and units traded at the start of the session surpassed Tk 50 lakh.
1 month ago
Major slump hits both Dhaka, Chattogram stock markets on opening day
The Dhaka Stock Exchange (DSE) and Chattogram Stock Exchange (CSE) faced significant downturns on the first trading day of the week, with the CSE recording higher transaction volumes while the DSE experienced a decline in trading activity.
From the first hour of trading on Sunday, indices at both markets began to plummet, ending the day with substantial losses.
The DSE’s key index, DSEX, dropped by 34 points, whiles the CSE’s overall index declined by 65 points.
DSE sees sharp fall as most stocks suffer price drops
At the DSE, of the 403 traded companies, share prices fell for 261, rose for 75, and remained unchanged for 67. Similarly, in the CSE, of the 188 companies traded, 103 saw price drops, 55 experienced gains, and 30 remained unchanged.
Trading volume at the DSE fell by Tk 38 crore compared to the previous session, with a total transaction value of Tk 318 crore, down from Tk 356 crore. In contrast, trading at the CSE increased by Tk 7 crore, reaching Tk 12.88 crore, up from Tk 5.67 crore in the prior session.
Among the traded sectors at the DSE:
· A-category stocks: Of 224 companies, 147 saw declines, 36 recorded gains, and 41 remained unchanged.
· B-category stocks: Prices dropped for 59 companies, rose for 23, and stayed unchanged for 23.
· Z-category stocks: 52 companies saw declines, while prices increased for 15, with 18 remaining unchanged.
· The mutual fund segment also faced challenges, with 21 funds declining in value, three increasing, and 13 staying static.
· In block market transactions, 15 companies traded 32,26,394 shares worth Tk 18.32 crore.
Sectors That Struggled
Notably, no price increases were recorded in the cement, ceramics, telecommunications, and jute sectors. In the banking sector, prices of 16 companies fell, while 17 remained unchanged. In the pharmaceutical sector, prices dropped by 1.25%, with seven companies seeing gains and 27 experiencing declines.
Sectors That Held Up
The technology, real estate, textile, and tourism sectors showed some resilience. In the IT sector, both listed companies recorded gains.
Dividend Announcements
Six companies at the DSE have distributed dividends for the third quarter of the previous year. Additionally, National Tea Company Limited announced a dividend for its investors.
Top Performers and Laggards
Shahjibazar Power Company Limited topped the gainers’ list, with its share price rising by 6.28% in a single day. On the other hand, Keya Cosmetics faced the steepest decline, with its share price falling by 10%. The company attributed the drop to insufficient capital, which led to a temporary shutdown of its factory, although other operations remain active.
Continued Slump in SME Sector
The SME sector at the DSE also continued its downward trend, with the index dropping by 17 points in a single day.
Among the 18 listed companies in this segment, 13 recorded declines, four saw gains, and one remained unchanged.
DSE sees sharp fall as most stocks suffer price drops
This market performance reflects the ongoing challenges facing the stock market as investors remain cautious amidst economic uncertainty.
1 month ago
Dhaka, Chattogram stock markets fall on week’s last trading day
The Dhaka Stock Exchange (DSE) and Chattogram Stock Exchange (CSE) closed lower on Thursday, with major indices declining as most traded companies saw share prices falling.
The benchmark DSEX index of the Dhaka Stock Exchange fell by 10 points, closing lower for the day.
The Shariah-compliant DSES index dropped by 4 points, while the blue-chip DS-30 index declined by 6 points.
Out of 398 companies traded, 204 saw price declines, 105 posted gains, and 89 remained unchanged. A-category stocks performed similarly, with prices rising for 53 companies, falling for 119, and remaining static for 46.
In B-category stocks, prices increased for 29 companies, declined for 47, and stayed unchanged for 15. Among Z-category stocks, 23 companies recorded gains, 34 posted losses, and 28 remained unchanged.
Newly listed N-category stocks also suffered, with prices of all four companies declining.
Mutual funds fared slightly better, with 5 funds gaining value, 10 declining, and 22 remaining static. Meanwhile, one of two corporate bonds traded experienced a price increase, while the other saw a decrease.
Indices rise in Dhaka Stock Exchange, significant fall in Chattogram
In block market transactions, 29 companies traded 2.1 million shares with a total turnover of Tk 8.96 crore.
Sectoral Overview
The textile sector showed resilience, posting a 2.14% increase in prices. Banking, cement, and corporate bonds also saw slight gains. However, significant losses were recorded in the paper, IT, real estate and telecommunications sectors.
Of the 36 listed banks, 7 registered price gains, 10 experienced losses, and the remainder were unchanged. Midland Bank led the gainers in the banking sector, while Global Islami Bank topped the list of decliners.
Top Movers
Malek Spinning Mills emerged as the top gainer on the DSE, with its share price rising by 9.6%. In contrast, Oimex Electrode was the biggest loser, with its price dropping by 9.33%.
Turnover on the DSE decreased by Tk 57 crore compared to the previous day, with total transactions amounting to Tk 356.26 crore, down from Tk 413 crore.
CSE Performance
The Chattogram Stock Exchange mirrored the DSE's decline, with its overall index falling by 69 points. Among the 192 companies traded, 59 recorded gains, 104 experienced losses, and 29 remained unchanged.
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The CSE saw a total of 2.02 million shares traded in 1,802 transactions, with a turnover of Tk 5.67 crore.
Dividend Distribution
Seven companies distributed their declared dividends for the third quarter of 2024 on Thursday, though most dividends were lower compared to the same period in 2023.
ACI Limited declared a 20% dividend, down from 40% last year. United Power Generation and Distribution Company offered a 60% dividend, a decline from the 80% provided in 2023.
Other companies distributing dividends included Simtex Industries Limited and ADN Telecom Limited, both offering 10%, while Bengal Windsor Thermoplastic, Saiham Cotton Mills, and Saiham Textile each provided 5%.
Market Outlook
The week's closing trading session reflects ongoing volatility in both the Dhaka and Chattogram stock markets. While some sectors, like textiles, showed positive trends, the overall market sentiment remains subdued, with declining turnovers and broad-based losses across indices.
1 month ago