Index increased by banks, transactions decreased –

After the steep price drop on the first working day of the week, on the second working day (September 14) most of the companies in the country’s stock market fell. The main stock market Dhaka Stock Exchange (DSE) rose in price even though there were more companies on the list of price cuts. Basically, we have seen this upward trend of the index by increasing the share prices of most banks. Although the index has increased, the volume of transactions has decreased.

The Chittagong Stock Exchange (CSE), another stock market, has also listed the shares and units of most of the companies in the price reduction list. However, like DSE, this market also rose in value. However, the volume of transactions has decreased. DSE recorded the lowest volume since August 13.

On Tuesday and Wednesday of last week, the country’s stock market fell sharply. In two days, DSE’s main index fell by 154 points. After such a fall, there was a slight rise in the stock market price on Thursday. However, on Sunday, the first working day of this week, the share market fell again.

In this situation, there was a lot of volatility in the stock market on Monday. The market remained bullish for the first three hours of trading with several ups and downs. But in the last hour and a half, most of the companies fell. However, most of the banks continue to increase the prices. As a result, the day’s trading ends with the index increasing even though the list of price drops is large.

At the end of the day’s trading, shares and units of 117 companies have entered the list of price increases in all sectors. On the contrary, the price of 199 has decreased. And the price of 66 remains unchanged. On the other hand, the share prices of 20 banks have increased, while the prices of three have decreased. Share prices of remaining 13 banks remained unchanged.

Meanwhile, 72 of the best companies or companies paying 10 percent or more in dividends rose. In contrast, 109 prices fell and 43 remained unchanged. Of the 21 companies with medium-quality or less than 10 percent dividends, 49 declined and 12 remained unchanged.

Share prices of 24 of the companies placed in the rotten ‘Z’ group rose due to non-payment of dividends to investors. In contrast, the prices of 41 decreased and 31 remained unchanged. And out of 36 listed mutual funds, 4 have increased in price. In contrast, 12 prices fell and 20 remained unchanged.

However, DSE’s main index DSEX rose by 6 points to 5,474 points compared to the previous day. The DSE-30 index, which consists of the better 30 companies selected between the other two indices, rose 5 points to 2,135 points compared to the previous day. And DSE Shariah index increased by 96 points to 1 thousand 186 points.

The volume of transactions on the DSE fell despite the rise in prices. 706 crore 32 lakh taka has been traded in the market. 732 crore 56 lakh taka was traded on the previous working day. As a result, the transaction has decreased by Tk 26 crore 24 lakh compared to the previous working day. Through this, the least transaction was done in DSE after last August 13.

The shares of Techno Drugs played the biggest role in this transaction. The shares of the company have been traded for 24 crores and 4 lakhs of rupees. Shares of Khan Brothers PP Oven Bag in the second position were traded at Tk 23.53 crore. Summit Alliance Port is in third place with a share transaction of Tk 20 crore 69 lakh.

Besides, the list of top 10 companies in terms of transactions on DSE includes – Asiatic Laboratories, Midland Bank, Robi, Paramount Textiles, Dominance Steel Building, Fine Foods and S Alam Cold Rolled Steel.

Other stock market CSE overall price index CASPI increased by 6 points. 70 of the 219 institutions that participated in the market rose in price. In contrast, the prices of 116 decreased and 33 remained unchanged. 8 crores 60 lakhs have been transacted. 12 crores and 3 lakhs were traded on the previous working day.

MAS/MAH/ASM