Dhaka Stock Exchange Sees Record Rise in Capital Market
August 11, 2024 – The Dhaka Stock Exchange (DSE) witnessed a record rise in the outgoing week, with both the stock exchanges experiencing significant gains in market capitalization. This positive performance follows the formation of a 17-member interim government led by renowned economist Muhammad Yunus.
The DSE witnessed a trading volume of 3,339 crore 86 lakh taka in the past week, a notable increase from the 2,394 crore 60 lakh taka in the previous week. This surge in trading activity contributed to a 90 thousand 932 crores 5 taka rise in the market capitalization of both stock exchanges.
DSE Performance Highlights:
The main index (DSEX) surged by 11.08% to 5,924 points.
Other notable indices saw significant gains: DSE-30 (12.20%), Shariah (9.40%), and DSMEX (4.90%).
A total of 397 shares and units were traded, with 339 experiencing gains, 11 facing losses, and 47 remaining unchanged.
Chittagong Stock Exchange Performance:
The Chittagong Stock Exchange (CSE) saw a decrease in trading volume compared to the previous week, trading 260 crore 47 lakh taka. Despite this, the market capitalization saw a notable rise of 40 thousand 387 crores and 3 lakhs.
CSE Performance Highlights:
The overall index (CASPI) climbed by 11.11% to 16,799 points.
Other notable indices experienced significant gains: CSE-30 (12.13%), CSCX (11.17%), CSI (8.50%), and SESMEX (2.13%).
A total of 323 companies’ shares and units were traded, with 256 advancing, 58 declining, and 9 remaining unchanged.