The stock market is falling again – 2024-03-26 10:07:19

After being slightly upward for two working days, the stock market of the country has fallen again. The main stock market Dhaka Stock Exchange (DSE) and another stock market Chittagong Stock Exchange (CSE) saw a decrease in the share and unit prices of most of the companies. Along with that, all the price indices have decreased. At the same time, the volume of transactions in DSE also decreased. However, trading has increased in the Chittagong Stock Exchange (CSE).

Before this, after 8 consecutive working days of falling prices, the last two working days of the last week saw some upside in the stock market. In this situation, trading in the stock market started on Sunday by increasing the prices of shares and units of most companies. As a result, the main index of DSE increased by 6 points after the start of trading.

On Sunday (March 24), shares and unit prices of most companies continued to rise in the first two hours of trading. At one stage of the transaction, the main index of DSE increased by 40 points. But in the last hour and a half of trading, one class of investors increased the selling pressure.

As a result, the share and unit prices of most companies in all sectors fell on average. On the one hand, as the list of bearers got bigger, all the indices ended the day’s trading with big declines.

At the end of the day’s trading, 65 companies have entered the list of price hikes on DSE. On the contrary, the price has decreased by 304. Besides, the price of 28 remains unchanged. In this, DSE’s main price index DSEX fell by 40 points to 5 thousand 901 points.

READ Also:  The Lankan all-rounder blamed the dew for losing the match - 2024-03-15 09:45:54

The DSE-30 index, which consists of 30 companies, has fallen by 5 points to 2,510 points compared to the previous day. In addition, the DSE Shariah index decreased by 8 points to 1,285 points compared to the previous day.

Along with all the price falls, the transaction volume also decreased. 580 crore 33 lakh taka has been traded in DSE. 610 crores and 8 lakhs were traded on the previous working day. Accordingly, the transaction decreased by 29 crore 75 lakh taka.

Shares of Asiatic Laboratories contributed the most in this transaction. Shares of the company have been traded worth Tk 33 crore 3 lakh. The shares of Best Holding, which was ranked second, were traded at Tk 31 crore 11 lakh. Fu-Wang Ceramics is in the third position with a share transaction of Tk 23 crore 57 lakh.

Besides, the list of top ten companies in terms of transactions on DSE includes – Golden Son, Central Pharmaceuticals, Malek Spinning, Shinepukur Ceramics, Emerald Oil, Orion Pharma and Golden Harvest.

Another stock market Chittagong Stock Exchange (CSE) overall price index CASPI decreased by 64 points. 57 of the 235 firms participating in the market rose in price. In contrast, the prices of 152 decreased and 26 remained unchanged. 58 crore 44 lakh taka has been transacted. 18 crore 32 lakh taka was traded the previous day.

MAS/KSR/JIM

#stock #market #falling

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.