After falling for five consecutive working days, the stock market of the country showed some upward trend on Wednesday, but on Thursday, the prices fell again. In the main stock market Dhaka Stock Exchange (DSE), the number of companies whose share and unit prices increased, decreased almost eight times more than the number of companies. As a result, all the indices experienced a big fall.
On this day, on average, the share and unit prices of most companies in all sectors fell. Along with that, the volume of transactions has decreased. Shares of Grameenphone and British American Tobacco rose slightly on Wednesday after their floor prices were lifted. However, today the share prices of both companies have fallen again.
Another stock market Chittagong Stock Exchange (CSE) also has more number of companies in the list of falling prices than rising prices. As a result, there has been a big fall in all the price indices in this market as well. Along with that, the volume of transactions has decreased.
On this day, trading in the stock market started by increasing the share prices of most of the companies. As a result, DSE’s main index rose by four points at the start of trading. This upward trend seen at the beginning of the session did not continue till the end. Rather, the price falls at the end of the transaction.
At the end of the day’s trading, only 46 companies have entered the list of price increase in DSE. On the contrary, the prices of 304 companies have decreased. And the price of 46 remains unchanged.
In this, the main price index of DSE, DSEX, fell by 53 points to 6 thousand 112 points. The DSE-30 index, which consists of 30 companies, is down 12 points compared to the previous day at 2,094 points. And the DSE Shariah index decreased by seven points compared to the previous day and stood at 1,335 points.
Along with all the price drops, the transaction volume also decreased. 703 crores and 70 lakhs were traded in DSE. 730 crore 39 lakh taka was traded on the previous working day. Accordingly, the transaction decreased by 26 crore 69 lakh taka.
Shares of Fu-Wang Ceramics contributed the most to this transaction. 40 crore 94 lakh shares of the company have been traded. The shares of Central Pharmaceuticals, which is in second place, were traded worth Tk 288 million. Intraco refueling station is in the third place with a share transaction of Tk 17 crore 69 lakh.
Besides, the list of top 10 companies in terms of transactions on DSE includes – Munnu Fabrics, Golden Son, Fortune Suze, Aftab Automobile, Best Holding, British American Tobacco and BD Thai Aluminum.
Another stock market Chittagong Stock Exchange (CSE) overall price index CASPI decreased by 94 points. 44 of the 236 firms that participated in the market rose in price. On the contrary, the prices of 170 have decreased and the prices of 22 have remained unchanged. 11 Crore 20 Lakh Tk. The previous day, the transaction was 22 crore 62 lakh taka.
MAS/EA/GKS
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