Ads

DSEX stocks open the week with gains after earnings fallout

Ads

more from Economy

Ads

LATEST News

Ads

Top News

Ads

Dhaka Stock Exchange opened the week on a positive trajectory, recovering from last week’s downturn triggered by disappointing corporate earnings

Staff Correspondent

Publisted at 12:21 PM, Sun Dec 15th, 2024

Investors commenced trading this week with renewed optimism following a period of market decline caused by underwhelming earnings disclosures from numerous listed companies.

The DSEX, the benchmark index of the Dhaka Stock Exchange, rose by 35.70 points or 0.69%, reaching 5,141.14 as of 11am on Sunday (15 December).

Market breadth was positive, with 223 issues advancing, 58 declining, and 83 remaining unchanged. The total turnover amounted to Tk65.42 crore.

Among individual stocks, Hami Industries emerged as the top gainer, with its shares climbing over 9%.

In contrast, shares of Regent Textile Mills fell by more than 5%.

The Chittagong Stock Exchange (CSE) also recorded gains, with the All Share Price Index rising by 22.81 points or 0.15% to settle at 14,326.82.

Tags:

Ads

related news