The shareholders of the CSE approved a 5.0 per cent cash dividend for the year 2019-2020 at the AGM, said a press release.

Asif Ibrahim, chairman of the port city bourse, conducted the AGM.

The AGM held using digital platforms in compliance with the Bangladesh Securities and Exchange Commission’s (BSEC) order issued on June 11, 2020.

The CSE Board of directors Prof. S. M. Salamat Ullah Bhuiyan, M. A. Malek, S. M. Tayyab, Sohail Mohammad Shakor, Md. Liaquat Hossain Chowdhury, Anita Ghazi Islam, Mirza Salman Ispahani, Major (Retd.) Emdadul Islam, Shahjada Mahmud Chaudhuri, Md. Sayadur Rahman, Managing Director Mamun-Ur-Rashid, and company Secretary Rajib Saha, joined the meeting through ZOOM.

The shareholders also elected Md Siddiqur Rahman, managing director of S. R. Capital Ltd and Mohammed Mohiuddin, managing director of Island Securities Ltd as new directors of the 13-member board of CSE.

The shareholders of CSE cast their votes by using a digital platform.

DSEX, the key index of the Dhaka Stock Exchange, went down by 18.46 points or 0.37 per cent to settle at 4,923, after gaining more than 22 points in the previous session.

Two other indices also ended lower. The DS30 index, comprising blue chips, lost 6.83 points to finish at 1,718 and the DSE Shariah Index fell 3.73 points to close at 1,116.

Market operators said the retail investors booked profits on selective stocks while institutional investors remained analysing the latest corporate disclosures.

The cautious investors opted to liquidate their investment as many of them opted to cash out gains from the recent price surge, said a merchant banker.

However, a section of investors remained active on stocks that declared satisfactory dividend and quarterly earnings, he added.

Bangladesh’s exports plummeted in October which might dampen investors’ confidence on the business potential in the days ahead as they fear another demand shock due to the second wave of Covid-19 in major export destinations of the country, said a leading broker.

Turnover, a crucial indicator of the market, fell to Tk 7.86 billion, which was 15 per cent lower than the previous day’s turnover of Tk 9.28 billion.

Losers took a modest lead over the gainers as out of 356 issues traded, 164 ended lower, 110 closed higher while 82 issues remained unchanged on the DSE trading floor.

A total number of 161,992 trades were executed in the day’s trading session with a trading volume of 307.61 million shares and mutual fund units.

The market capitalisation of DSE, however, rose to Tk 3,997 billion on Sunday, from Tk 3,980 billion in the previous session.

Beximco Pharma continued to dominate the turnover chart with 4.66 million shares worth Tk 630 million changing hands, followed by Beximco, Northern Insurance, Associated Oxygen and Walton Hi-Tech Industries.

Associated Oxygen was the best performer for the second straight sessions, posting a gain of 9.96 per cent while Global Insurance was the worst loser, losing 8.59 per cent.

The Chittagong Stock Exchange also backed into the red with its All Shares Price Index (CASPI)—losing 46 points to close at 14,141 while the Selective Categories Index – CSCX shedding 27 points to close at 8,509.

Of the issues traded, 116 declined, 87 advanced and 15 remained unchanged on the CSE.

The port city bourse traded 14.15 million shares and mutual fund units with turnover value of Tk 424 million.

DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 50.58 points or 1.04 per cent to settle at 4,896.

Two other indices also ended higher. The DS30 index, comprising blue chips, advanced 19.88 points to finish at 1,700 and the DSE Shariah Index rose 12.10 points to close at 1,110.

Market analysts said bargain hunters showed their buying appetite on the large-cap selective issues based on latest corporate declarations.

Investors were active on stocks which declared expected dividend and quarterly earnings, taking the market in the higher note, said a merchant banker.

Turnover, a crucial indicator of the market, however, fell to Tk 7.85 billion, which was 18 per cent lower than the previous day’s turnover of Tk 9.63 billion.

Gainers took a strong lead over the losers as out of 358 issues traded, 203 ended higher, 81 closed lower while 74 issues remained unchanged on the DSE trading floor.

A total number of 159,102 trades were executed in the day’s trading session with a trading volume of 327.85 million shares and mutual fund units.

The market capitalisation of DSE rose to Tk 3,950 billion on Sunday, from Tk 3,912 billion in the previous day.

Beximco Pharma topped the turnover list with shares worth Tk 740 million changing hands, closely followed by Asia Pacific Insurance, Beximco, Grameen One: Scheme Two and Express Insurance.

Summit Alliance Port was the day’s best performer, posting a gain of 13.14 per cent while Zeal Bangla Sugar Mills was the worst loser, losing 17.45 per cent, after resuming trade in seven weeks suspension.

The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)—soaring 157 points to close at 13,981 while the Selective Categories Index – CSCX rising 90 points to close at 8,410.

Of the issues traded, 153 advanced, 62 declined and 49 remained unchanged on the CSE.

The port city bourse traded 11.93 million shares and mutual fund units with turnover value of more than Tk 256 million.