Bangladesh’s stock market returned to an upward trend after a period of decline, with most listed companies seeing their share prices rise on Sunday (September 20), the first trading day of the week. Both the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) closed higher, while trading turnover on the DSE reached its highest level in a month.

The market extended its gains for a fourth consecutive trading session.

On the DSE, share and unit prices of most companies rose from the start of trading, with the upward trend becoming stronger toward the end of the session. As a result, the benchmark indices posted significant gains.

At the close of trading, share and unit prices of 287 companies increased, while 62 declined and 39 remained unchanged.

Among companies paying dividends of 10% or more, 157 saw their share prices rise, 24 declined and 15 remained unchanged. In the category of companies paying dividends of less than 10%, prices of 63 companies increased and 11 declined.

In the ‘Z’ category, which comprises companies that do not pay dividends, 67 companies recorded price gains, 27 declined and 24 remained unchanged. Among mutual funds, 27 recorded gains while six remained unchanged. No mutual fund saw its price decline on the day.

The DSE’s benchmark DSEX index gained 60 points from the previous session to close at 5,592. The DSE-30 index, comprising 30 selected companies, rose 20 points to 2,121, while the DSES index gained 11 points to reach 1,118.

Trading turnover on the DSE stood at Tk 747.38 crore, up from Tk 655.42 crore in the previous session. The turnover increased by Tk 91.96 crore in a single trading day, marking the highest turnover since August 18, when transactions totaled Tk 998.10 crore.

Eastern Bank led the turnover chart with shares worth Tk 36.94 crore changing hands. Sharp Industries ranked second with Tk 25.84 crore in turnover, followed by IPDC Finance with Tk 23.07 crore.

The other companies among the top 10 in turnover were Paramount Textile, Bangladesh National Insurance, Saiham Textile, Asiatic Laboratories, Lovello Ice Cream, Envoy Textiles and Reliance Insurance.

Meanwhile, on the CSE, 134 of the 192 companies that participated in trading recorded price gains. Prices declined for 41 companies, while 17 remained unchanged.

The CSE’s All Share Price Index (CASPI) gained 119 points. However, turnover on the exchange fell to Tk 10.09 crore from Tk 17.14 crore in the previous session.