Dhaka and Chittagong Stock Exchanges Surge on Recovery Hopes
August 8, 2024, 11:21 AM
The Dhaka and Chittagong Stock Exchanges (DSE-CSE) witnessed a significant surge on Thursday, fueled by optimism over the rebound of the country’s capital market following a recent recession. This follows two days of strong trading earlier in the week.
The DSE’s DSEX index soared by 284 points to reach 5,003 points in just over three and a half hours of trading. Other indices also saw notable gains: the Sharia index DSES climbed by 51 points to 1,270 points, while the DS30 index increased by 107.91 points to 2,130 points.
A total of 1 trillion 250 billion 91 lakhs was traded on the DSE during the period, with 396 companies listed. Among them, 361 saw their share prices rise, 29 declined, and 6 remained unchanged.
Similarly, the CSE’s CSEX index surged by 481 points to 10,091 points. Other indices also experienced notable gains, with the CASPI index climbing by 795 points, the Sharia index CSI increasing by 42.78 points, and the CS30 index rising by 657 points. A total of 17 crore 35 lakh taka was traded on the CSE during the mentioned period.
Among the listed companies, 217 saw their share prices rise on the CSE, while 29 declined and 12 remained unchanged.