Before Eid, the stock market fell continuously, but after Eid, an upward trend is seen. In continuation of the previous working day, the main stock market Dhaka Stock Exchange (DSE) and the other stock market Chittagong Stock Exchange (CSE) increased in value on Thursday. Through this, an upward trend was seen in the stock market on the two working days after Eid.
In addition to the rise in prices, the shares and units of most of the companies registered their names in the list of price increase in DSE and CSE. With that, the volume of transactions has increased. Transactions on DSE have increased to close to Rs 500 crore.
Earlier, the market capitalization of DSE fell by Rs 1 lakh crore within a month before Eid. And the main DSE index fell by around 700 points. As a result, investors panicked. The buyer crisis became evident in the market.
In this situation, a continuous upward trend is seen in the stock market after the Eid holiday. Along with that, the market is seeing an increase in buyers. Shares and units of most companies rose on Thursday as there were more buyers than sellers in the market.
At the end of the day’s trading, shares and units of 288 companies have entered the list of price increase in DSE. On the contrary, the price of 55 companies has decreased. And the price of 50 remains unchanged. Among them, the share price of seven companies rose as much as possible in one day. Besides, the share price of a company increased by 43 percent.
DSE’s main price index DSE-X rose by 82 points to 5,244 points. Among the other two indices, the DSE Shariah index increased by 24 points to 1,146 points compared to the previous day. And the DSE-30 index consisting of 30 well-chosen companies has risen by 31 points to 1,875 points compared to the previous day.
Along with all price increases, transaction speed has also increased. 452 crore 94 lakh taka was traded in the market throughout the day. On the last working day before Eid, Tk 246 crore 44 lakh was traded. Accordingly, the transaction has increased by 206 crore 50 lakh taka.
Shares of Asiatic Laboratories were the most traded in terms of Rs. The shares of the company have been traded for Tk 14 crore 63 lakh. 14 crore 45 lakh shares were traded in Linde, which was ranked second in Bangladesh. Sea Pearl Beach Resort is in third place with a share transaction of Tk 14 crore 16 lakh.
Besides, the list of top ten companies in terms of transactions on DSE includes- Beach Hatchery, Rupali Life Insurance, Fareast Knitting, Alif Industries, Unique Hotel, Fortune Suze and Lavello Ice Cream.
The other stock market Chittagong Stock Exchange (CSE) overall price index CASPI increased by 178 points. 122 out of 199 firms participating in the market rose in price. On the contrary, the prices of 48 have decreased and the prices of 29 have remained unchanged. 121 Crore 63 Lakh Tk. 6 crores and 87 lakhs were traded on the previous working day.
MAS/MHR/MS
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