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DSE sees upward trend despite heavy selling pressure

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Trading activity on Thursday morning was slower compared to earlier in the week

UNB

Publisted at 2:38 PM, Thu Nov 7th, 2024

The Dhaka Stock Exchange (DSE), the primary capital market of Bangladesh, showed a modest upward trend in indices on Thursday (7 November), despite facing heavy selling pressure driven by fears of price declines.

Trading activity on Thursday morning was slower compared to earlier in the week.

According to DSE records, shares and units totalling 8.49 crore were exchanged through 74,026 transactions, with a trade value reaching Tk240 crore within the first two hours.

During this period, 380 companies participated in trading. Among them, the share prices of 180 companies rose, 139 declined, and 63 remained unchanged.

In terms of index performance, the main DSEX index rose by 5.77 points, reaching 5,352.85 points. The DSES Shariah index increased by 2.37 points to 1,194.94 points, while the DS30 blue-chip index gained 3.59 points, reaching 1,971.34 points within the first two hours of trading on Thursday.

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