The extent of fall within the inventory marketplace is expanding day-to-day. Traders aren’t in a position to offer protection to the invested capital even via protesting in contrast worth drop and striking the locks within the workplaces of regulatory companies. Many of us are shedding their capital.
It’s been reported that on the second one operating day of the week Monday (October 7), the primary inventory marketplace Dhaka Inventory Alternate (DSE) and every other inventory marketplace Chittagong Inventory Alternate (CSE) additionally fell. Consequently, costs fell in each the markets. Via this, the buyers needed to see the cost drop within the inventory marketplace on two operating days of this week.
Now not best this week, the inventory marketplace has been falling for a number of weeks. That is why a piece of buyers protested in contrast worth drop for 2 operating days closing week and the primary operating day of this week. Traders have demanded the resignation of Bangladesh Securities and Alternate Fee (BSEC) chairman Khandkar Rashid Maqsood from this protest.
Ultimate Thursday, offended buyers locked the primary gate of BSEC because of protest and human chain in entrance of BSEC place of business. After this, strict safety features had been taken in entrance of the BSEC place of business on Sunday, the primary operating day of this week. The presence of police, coast guard and military group of workers will also be observed in entrance of BSEC place of business.
Even though safety has been bolstered on the BSEC place of business, the inventory marketplace continues to fall. Consequently, on the finish of the day’s buying and selling on Sunday, probably the most offended buyers as soon as once more went in entrance of the BSEC place of business and shaped a human chain.
On this scenario, buying and selling within the inventory marketplace began on Monday via decreasing the costs of stocks and devices of maximum corporations. Consequently, the index turns into unfavourable initially of buying and selling. For a while, many of the banks raised their proportion costs and the index moved fairly upper. Alternatively, within the closing two and a part hours of buying and selling, the inventory marketplace fell sharply. Because the listing of decliners grew, all indices ended the day buying and selling decrease.
On the finish of the day’s buying and selling, stocks and devices of best 53 corporations in all sectors had been at the worth build up listing. To the contrary, the cost has reduced in 288 corporations. And the cost of 55 stays unchanged. Stocks and unit costs of many of the corporations fell however the index didn’t fall a lot as some massive cap corporations like Islami Financial institution, Social Islami Financial institution, LafargeHolcim and Sq. Prescribed drugs larger their proportion costs.
DSE’s flagship index DSEX fell via 43 issues to five,335 issues in comparison to the day prior to this. Some of the different two indices, the DSE Shariah Index is down via 1 level in comparison to the day prior to this at 1,189 issues. And the DSE-30 index consisting of 30 well-chosen corporations has fallen via 22 issues to at least one,942 issues in comparison to the day prior to this.
Buying and selling quantity at the DSE additionally fell on all worth fall days. 366 crore 55 lakh taka has been traded available in the market all through the day. 368 crore 18 lakh taka was once traded at the earlier operating day. Accordingly, the transaction reduced via 1 crore 63 lakh taka.
Stocks of Midland Financial institution had been the most important individuals to this transaction. The stocks of the corporate were traded price 36 crore 93 rupees. Stocks of Agni Programs, which got here 2nd, traded at Rs 23 crore 54 crores. Islami Financial institution is within the 3rd position with proportion transactions of Tk 15 crore 44 lakh.
But even so, the listing of best 10 establishments in the case of transactions in DSE contains – BRAC Financial institution, Lavello Ice Cream, Grameenphone, Sq. Prescribed drugs, Bangladesh Transport Company, Social Islami Financial institution and Ibn Sina.
Any other inventory marketplace Chittagong Inventory Alternate (CSE) total worth index CASPI reduced via 154 issues. 46 out of 195 corporations collaborating available in the market rose in worth. To the contrary, the costs of 122 have reduced and the costs of 27 have remained unchanged. 5 Crore 75 Lakh Tk. 9 crore 64 lakh was once traded at the earlier operating day.
MAS/MIHS/MS
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