DHAKA, Oct 03, 2024 (BSS) – Stocks on the Dhaka Stock Exchange (DSE) today closed higher as bargain hunters showed interest in sector-specific scrips.

After witnessing volatility, DSEX, the prime index of the DSE, went up by 8.59 points or 0.16 per cent to settle at 5,462.58. Two other indices also ended higher with the DSE 30 Index, comprising blue chips, rose 2.83 points to finish at 1,990.85 and the DSE Shariah Index (DSES) advanced 1.56 point to close at 1,221.27.

Market experts noted that DSE showed signs of recovery due to investors' interest in specific shares, although overall market participation has yet to rebound across the trading floor.

Unrest in the middle-east and the imposition of record Tk 4.28 billion fines on nine investors on charge of manipulating the share price of Beximco, prompted cautious investors to go ‘wait-and-see’ approach, they observed.

Daily trade turnover decreased to Tk 3,155.60 million on the country's premier bourse, which was Tk 4,408.31 million at the previous session of the week.
Out of 397 issues traded, 209 advanced, 138 declined and 50 issues remained unchanged on the DSE trading floor.

IBNSINA dominated the turnover chart, closely followed by MIDLANDBNK, ISLAMIBANK, GP and SIBL.

DOMINAGE was the day's top gainer, rising 10 per cent, while NTC was the worst loser, shedding 8.73 per cent.

The Chittagong Stock Exchange (CSE) closed the day of the week with a downward trend with its major CASPI 19.26 points down at 15,271.77.

At the CSE, 184 issues were traded. Of those, 69 closed higher and 95 closed lower when 14.47 lakh shares worth about Taka 2.89 crore changed hands.