01/09/2023
On Thursday, the Dhaka Stock Exchange (DSE) saw an uptick in its key index, DSEX, which advanced by 6.35 points or 0.10%, settling at 6,299.49 points. Investors appeared to shift their focus towards sector-specific stocks with potential for quick gains. However, market operators noted that many investors remained cautious, opting to stay on the sidelines due to uncertainties surrounding the market's outlook. Increased political activities leading up to the national election and economic challenges, including high inflation, a dollar crisis, and energy shortages, were cited as factors contributing to the market's muted performance.
Market turnover on the DSE slightly increased to Tk 456.18 crore compared to Tk 413.40 crore in the previous trading session. Of the 317 issues traded, 87 advanced, 67 declined, and 163 remained unchanged. The DSE Shariah index gained 1.03 points, while the DS30 index increased by 2.02 points. Among the top gainers were Daffodil Computers Ltd, Fu Wang Food Ltd, and Apex Tannery Limited, while Reliance Insurance Ltd and Olympic Accessories Limited were among the top losers. Fu Wang Food Ltd topped the turnover chart with shares worth Tk 57.41 crore changing hands on the day.
News link> https://www.newagebd.net/article/210880/stocks-end-week-on-positive-note
