DSE
Stock market gained over Tk 10,185 crore capital last week
The stock market has passed the 4th week of the current month with a capital gain of Tk 10,185 crore in four days, data analysis of the capital market has revealed.
The capital of Dhaka Stock Exchange (DSE) was Tk 7.56 lakh crore at the beginning of trading on the first working day of last week. On the last day, after transaction on Thursday (January 26, 2023), the capital stood at Tk 7.67 lakh crores.
In other words, the capital has increased by Tk 10185 crore. It increased by Tk 2149 crore in the previous week. The investors' capital increased in the market for two consecutive weeks.
In the past week (January 22 to 26), trading was done on five working days. The first trading day marked a fall in the index, followed by four consecutive trading days during which the index rose from Monday to Thursday.
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During this period, a total of 387 shares and units were traded in DSE. Among them, 63 companies' share prices increased, those of 119 decreased and 205 unchanged.
Among the companies traded in the previous week, 114 rose, 68 fell and 205 remained unchanged. The number of companies reducing prices has increased compared to the previous week.
However, the main index of DSE increased by 30 points from the previous week to 6,296 points in the outgoing week as the share prices of several companies increased.
Among the other two indexes of DSE, the DSES index increased by 6 points to 1,374 points and the DS-30 index increased by 22 points to 2,230 points from the previous week.
Read More: ‘Greed for short-term gains ruining investors’ confidence in stock markets’
Although the index has increased, the volume of transactions has decreased. In the last week, the total transaction in DSE was Tk 3050 crores, which was traded in the previous week for Tk 3850 crore. That is, Tk 800 crore worth of transactions have decreased; as a percentage it has decreased by 20.78 percent.
The Chittagong Stock Exchange (CSE), another capital market of the country, was also traded in the same condition.
In the last week, the overall index of CSE increased by 89 points to 18565 points. Tk 63.19 crores were traded during this time, which was traded in the previous week for Tk 104.55 crore.
Among the traded companies, the share prices of 61 companies increased, 83 decreased and 134 remained unchanged.
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DSE market capitalisation increased by Tk4.5 lakh crore in 2022
The market capitalisation of the Dhaka Stock Exchange (DSE) increased by Tk4.47 lakh crore in the outgoing year 2022, as the 250 treasury bonds started trading in the DSE.
Although the index and the share price of most of the companies fell, the market value of 250 treasury bonds and Islamic Sukuk bonds started trading in the capital market for the first time in the DSE.
DSE data shows DSE started trading in 2022 with a market capitalization of Tk 3.14 lakh crore. Then on October 10, 2022, 250 government securities were listed on DSE. The market cap stood around Tk7.73 lakh crore. The market cap slightly decreased to Tk7.61 lakh crore at the end of the year.
Read more: Shakib’s company involved in share manipulation, DSE investigation finds
Among the transaction, the trade volume of the block market was Tk14253.19 crore, which is 6.4 percent of the total transaction. This ratio was 3.97 percent of the total transaction in the previous year. The transactions in the block market have increased compared to the previous year (2021).
The investors in the capital market passed another year, along with frustration and uncertainty in the capital market due to the global recession, which erupted from the Covid-19 pandemic and the Ukraine-Russia war.
Chairman of the Bangladesh Securities and Exchange Commission (BSEC) Professor Shibli Rubayat –Ul-Islam told UNB that the regulator is working to improve the market situation through diversified products.
Read more: DSE share trading between 10am and 2:30pm from tomorrow
“But the global situation, which is beyond our control, has created uncertainty in several sectors including capital market,” he said.
DSE share trading between 10am and 2:30pm from tomorrow
Share trading of Dhaka Stock Exchange (DSE) will be held as per the new office schedule – from 10am to 2:30pm – from Tuesday, an official notification said.
The Deputy General Manager of DSE, Shafiqur Rahman, told UNB that as per the directive of the Bangladesh Securities and Exchange Commission (BSEC), the new trading schedule will be in effect from Tuesday.
The BSEC instruction stated that from November 15, 2022, share trading will start at 10am and will continue till 2:30pm. There will be a 10-minute post-closing session. All trading will have to be completed by 2:30pm. There will also be a pre-opening session from 9:55am to 10pm.
Read more: Experts urge government to turn DSE into public university
Meanwhile, along with the transaction of DSE, the official time schedule has also changed. On Tuesday, the official function will start at 9am and continue till 4:30pm.
The Chittagong Stock Exchange (CSE) will also follow the same time scheduled for trading.
Read more: Shakib’s company involved in share manipulation, DSE investigation finds
Experts urge government to turn DSE into public university
Eminent citizens of the country have urged the government to turn the Dhaka School of Economics (DSE) into a specialised public university.
The request was made at the reception for new undergraduate students and farewell for the departing students of the institution held at the office of the Economic Reporter’s Forum (ERF) on Saturday.
If DSE becomes a full-fledged university, it’ll safeguard monetary, fiscal and external economy and develop more human resources through capacity building with modern inductive learning techniques, said speakers.
Pranab Saha, editor of DBC News was present as the chief guest. Economist and IT expert Professor Muhammad Mahbub Ali was the session chair of the event, while Shaheda Parveen Trisha, Vice Chairperson of Prime Bank Investment Limited, was the special guest.
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Speaking as chief guest, Pranab said that there is no alternative to create entrepreneurs for the development of the country.
“If Masters and PGD courses are introduced for professionals through online in the current scenario like other Global universities, it will be more helpful in creating entrepreneurs,” Pranab said.
Talking as a special guest, Trisha said that to be an entrepreneur, concentration and dedication are required along with hard work.
Later, she encouraged the students with a motivational speech.
The event was followed by a cultural programme.
Tk 2829 crore: What capital market investors lost in a week
Capital market investors in Bangladesh suffered losses amounting to Tk2829.94 crore last week (Sep 25-29), according to the weekly market transactions.
Of the total five working days, the market saw three days of decline and two days of rises in the index.
Both trades and indexes were during the week. Share prices of most of the traded companies also fell. As a result, the market capital of investors has decreased by Tk2829 crores.
Read: Shakib’s company involved in share manipulation, DSE investigation finds
Shares and units of 386 companies were traded in Dhaka Stock Exchange (DSE), the main capital market of the country. Of them, 61 companies' share prices increased, 173 decreased, and 152 were unchanged.
The DSE index fell by 51 points to 6,512 points in the week as the share prices of most companies fell. Among the other two indexes of DSE and DSES (Bangladesh Dhaka Stock Exchange Broad Index (DSEX) including value, chart, profile and other market data ) decreased by 17 points to 1419 points and the DS-30 index decreased by 35 points to 2330 points compared to the previous week.
Bangladesh Market capitalization (capital) decreased by Tk 2829.94 crore in the week due to a decrease in index and price. But in the previous week, the capital had increased by Tk2617.42 crore.
Read Strengthened capital market to drive growth: Finance Minister
The market capital of Bangladesh at the beginning of the week was Tk 522763.99 crore. After trading on Thursday, the last working day of the week, the capital stood at Tk 519 914.04 crore. The capital decreased by 54 percent.
The main DSE index fell by 51 points to 6,512 points in the outgoing week as the share prices of most companies fell. Among the other two indices of DSE, the DSES index decreased by 17 points to 1 419 points and DS-30 index decreased by 35 points to 2330 points compared to the previous week.
Stock market witness a massive fall on Sunday after Russia attacks Ukraine
Dhaka stocks exchange (DSE) witnessed a massive price fall on Sunday amid a rush of selling pressure due to global tension rising after the Russian invasion of Ukraine.
The benchmark index of the DSE fell 163 points, or 2.38 per cent, to 6,676 at the end of the exchange on Sunday, the lowest in the last 2 months.
Analysis of the daily exchange situation shows that at the beginning of the week, 365 companies or 96 per cent stock fell. The investors’ participation in the stock saw a dried up position with the day’s turnover stood at Tk 916.28 crore.
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The Chittagong Stock Exchange (CSE) also witnessed a fall or eroded on Sunday. A total of 304 companies’ shares traded on the day of which 284 dropped prices, only 9 gained and 11 remained unchanged. The CSE lost 490 point (2.45 per cent) to 19500.
The country's capital market passed the 3rd week in February on a one-day rise and a three-day downward trend. During this week's trading, the index and the share price of most companies was downward.
As a result, the capital of the country's main capital market DSE investors lost their capital in the 3rd week, the same situation was seen in the transactions of Chittagong Stock Exchange (CSE).
According to the DSE data, during the week (February 20-24), the transaction on the DSE was Tk398.79. The previous week's transaction was Tk5 98.12 crore. In other words, the transaction decreased by Tk1989.23 crore during the week, which means stock price decreased by 33.17 per cent.
Also read: Stock markets continue to fall on the third day Tuesday
Of the 392 stocks and units traded on the DSE in the fourth week of February, 73 rose, 296 declined and 16 remained unchanged. Shares of five companies were not traded.
Investors lose Tk 10,261 crore at DSE in one week
Investors have lost their capital amounting to Tk 10,261 crore in the Dhaka Stock Exchange (DSE) over the last week with the share prices witnessing a downtrend.
According to a market review, the main index of the Dhaka Stock Exchange Index (DSEX), the country's main bourse, shed 167.4 points to 7,076 points during the October 17-21 period.
Among the other two DSE indexes, the DSES (Shariah Index) index shed 49 points to 1,518 points and the DS-30 (blue chip index) index lost 19 points to 2,699 points.
The prices of 31 shares, out of those of 382 companies, marked a rise in the DSE during the one-week period. Besides, the share prices of 338 companies declined and the share prices of nine companies remained unchanged.
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Of the 362 companies traded during the last week, the prices of 124 companies marked a rise. Besides, the share prices of 231 companies declined and that of 23 companies remained unchanged.
The market capitalization of DSE has come down from Tk 10,261.56 crore to Tk 5,69,851.24 crore last week (3rd week in Oct) due to the fall in the prices of the shares of most of the companies. The total transaction volume of the market was Tk 5,80,112.81 crore in the second week of October.
Capital market to follow banking sector's ‘lead’ in operating during lockdown
The capital market will continue its operation in the interest of investors in any situation during the Covid-19 pandemic if the banking activities continue.
The Bangladesh Securities and Exchange Commission (BSEC) said this against the backdrop of the government’s preparation for imposing full lockdown from April 14 next.
A notice posted on the official website of the BSEC said: "[The] capital market will continue operation at [in] the interest of investors in any situation during the pandemic of Covid-19 if the banking activities continue."
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It said all the transactions in the capital market will continue in the interest of investors and urged the investors not to pay heed to any rumor.
According to sources at the BSEC, if the banks remain open during the lockdown, the capital market will also remain open. This instruction has been given to two stock exchanges -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE).
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They said the commission has instructed the DSE to keep the capital market open if banks are open. The capital market will operate utilising smaller shifts and work-from-home facilities.
Earlier, from March 26 to May 31 last year, transactions in the capital market were closed due to the outbreak of Coronavirus pandemic.
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DSE, CSE to follow banking sector's lead in operating during lockdown
The capital markets will follow the banking sector's lead in operation during the pandemic of Covid-19.
This was informed by the Bangladesh Securities and Exchange Commission (BSEC) against the backdrop of different rumors since news broke of the lockdown to be imposed by the government from Monday next.
A notice posted on the official website of the BSEC said: "Capital market will continue operation at the interest of investors in any situation during the pandemic of Covid-19 if the banking activities continue." It said all transactions in the capital market will continue in the interest of investors.
Also read: Govt to enforce 7-day lockdown from Monday: Quader
It urged the investors to pay no heed to any sort of rumors.
According to BSEC sources, if the bank is open in lockdown, the capital market will also be open. This instruction has been given to two stock exchanges (Dhaka and Chittagong).
Also read: Covid-19: Bangladesh sees 5,638 cases, 58 more deaths
They said, the commission has instructed DSE to keep the capital market open if banks are open. The capital market will operate utilising smaller shifts and work-from-home facilities.
Earlier, from March 26 to May 31 last year, transactions in the capital market were closed due to the outbreak of coronavirus.
Only 1 in 20 women directors of listed companies 'independent'
Just 1 in 20 of the women , who currently make up 18 percent of directors on the boards of listed companies in Bangladesh, are independent directors .