DHAKA, Oct 31, 2024 (BSS) - Country's both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today also witnessed an upward trend like previous two days as bargain hunters took positions on lucrative stocks amid favourable earnings declarations.

Markets operators said optimistic investors remained active in the market riding on higher earnings declarations and regulatory efforts to bring back stability in the market.

Meanwhile, finance adviser Salehuddin Ahmed held a meeting with the securities regulator on Wednesday to support the liquidity and promise to give stimulus, which also boosted investors' confidence.

Moreover, the Bangladesh Securities and Exchange Commission (BSEC) has formed a four-member inquiry committee to investigate the reasons behind the recent downward trend in the market, which appears unusual and suspicious.

DSEX, the prime index of the DSE, went up by 34.56 points or 0.67 per cent to settle at 5199.40. The DSE 30 Index, comprising blue chips, and the DSE Shariah Index (DSES) also gained 10.19 points to finish at 1926.05 and 8.68 points closing at 1,144.90.

Turnover, a crucial indicator of the market, increased to Taka 5,563.08 million on the country's premier bourse which was Taka 5,193.13 million at the previous session of the week.

Out of 397 issues traded, 212 closed green, 151 in the red and 34 remained unchanged on the DSE trading floor.

BSC topped the turnover chart, followed by IBNSINA, ACMELAB, AGNISYSL and ISLAMIBANK.
 
BSC was the day's best performer, posting a gain of 19.20 per cent while PRAGATILIF was the worst loser, losing 5.81 percent.

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index - CASPI -advancing 94.23 points to settle at 14442.01 and the Selective Categories Index - CSCX gaining 58.30 points to close at 8779.07.

Of the issues traded, 133 advanced, 59 declined and 16 remained unchanged on the CSE.

The port city's bourse traded 2.63 million shares and mutual fund units with a turnover value of Taka 48.50 million.