Before Eid, the stock market of the country gave a glimpse of coming out of the continuous decline, but after Eid, it is in decline. On Tuesday, all the indices fell on the two trading days after Eid. However, the transaction which went down to 300 crore rupees increased to 500 crore rupees.
On Tuesday (April 16), the main stock market Dhaka Stock Exchange (DSE) saw a decline in all the indices, but there are more firms in the list of gainers than decliners. However, Chittagong Stock Exchange (CSE), another stock market, has more companies in the list of falling prices than rising prices.
Earlier, when the country’s stock market fell into a continuous price decline, the market capitalization of the Dhaka Stock Exchange decreased by more than one lakh crore rupees. However, before the start of the Eid holiday, the stock market is up for four consecutive working days. As a result, the investors expected that the stock market will be in a positive trend after Eid.
But at the end of the Eid holiday, the share market has again seen a continuous decline. After the big price drop on Monday, the first working day after the Eid holiday, most of the companies listed their names in the list of price cuts in the early trading on Tuesday. At one point, DSE’s main index fell by 23 points. However, at the end of the transaction, several companies came out of the price reduction list. As a result, the decline in the index has also decreased.
At the end of the day’s trading, 173 companies have entered the list of price hikes on DSE. On the contrary, the price of 169 companies has decreased. Besides, the price of 55 remains unchanged. In this, the main price index of DSE, DSEX, fell by 4 points to 5 thousand 774 points.
The DSE-30 index, which consists of 30 companies, is down 2 points compared to the previous day at 2 thousand 12 points. And the DSE Shariah index fell by one point to 1,264 points compared to the previous day.
Trading volume on DSE increased despite all indices falling. 540 crore 23 rupees were traded in the market throughout the day. The transaction on the previous working day was 367 crore 53 rupees. Accordingly, the transaction has increased by 172 crore 70 lakh taka.
Beacon Pharmaceuticals shares were the top contributors to this transaction. 29 crore 36 lakh shares of the company have been traded. Shares of Lavello Ice Cream, which is in the second place, were traded at Tk 28.90 million. Fu-Wang Ceramics is in the third place with a share transaction of Tk 20 crore 34 lakh.
Besides, the list of top ten companies in terms of transactions on DSE includes- Paramount Textiles, Asiatic Laboratories, Uttara Bank, Fu-Wang Food, Shinepukur Ceramics, Orion Infusion and Alif Industries.
Another stock market Chittagong Stock Exchange (CSE) overall price index CASPI decreased by 5 points. 84 of the 201 institutions that participated in the market rose in price. On the contrary, the prices of 90 have decreased and the prices of 27 have remained unchanged. The transaction was 9 crore 88 lakh rupees. 8 crore 78 lakh taka was traded on the previous day.
