Stock market decline
Stock market declines for second day as DSE, CSE see broad losses
The country’s stock markets continued to face a downward trend for the second consecutive day of the week, with most companies witnessing a fall in share prices on both the Dhaka and Chattogram bourses.
At the end of Tuesday’s trading session, the benchmark index of the Dhaka Stock Exchange (DSEX) dropped by 33 points.
The Shariah-based DSES index shed 11 points, while the blue-chip index DS30 declined by 17 points.
Out of 396 companies that took part in the day’s trading on the DSE, share prices declined for 250 companies, while 82 saw price gains and 64 remained unchanged.
Prices fell across all three categories—A, B, and Z—with the majority of shares experiencing a downtrend. In the A category, which includes companies with a good dividend record, prices increased for 51 companies, declined for 139, and remained unchanged for 27.
In the block market, shares and units worth Tk 26 crore of 31 companies were traded. Bangladesh National Insurance Company led the segment with shares worth Tk 6 crore sold.
The total turnover at the Dhaka bourse stood at Tk 717 crore, down from the previous session’s Tk 805 crore.
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Karnaphuli Insurance topped the DSE gainers’ list with an 8.30 percent price increase, while Uttara Finance and Investment Limited recorded the highest loss with a drop of more than 10 percent.
Chattogram Bourse Also Suffers Losses
The Chattogram Stock Exchange (CSE) also followed a similar trajectory, with its overall index falling by 65 points.
Of the 243 companies that traded at the CSE, 151 saw their share prices fall, 66 registered gains and 26 remained unchanged.
The total turnover at the CSE dropped to Tk 2.9 crore, significantly down from the previous session’s Tk 6.5 crore.
Aman Cotton topped the gainers at the CSE with a 10 percent price rise, while ICB AMCL Sonali Bank Limited First Mutual Fund fell to the bottom of the chart with a loss of more than 9 percent.
4 months ago
Stock market continues to fall on week’s second day
The stock markets in Dhaka and Chattogram witnessed a significant decline in indices on Saturday, the second trading day of the week, with most listed companies seeing a drop in share prices.
While turnover in Chattogram rose slightly, it declined in Dhaka.
At the Dhaka Stock Exchange (DSE), the benchmark index DSEX fell by 10 points. The other two indices also declined—Shariah-based DSES by 4 points and the blue-chip DS30 index by 6 points.
Out of the 396 companies that participated in trading, the share prices of a majority fell. Against 100 gainers, 215 companies saw a decline in share prices, while prices of 81 companies remained unchanged.
Across all three categories—A, B, and Z—most listed companies experienced price drops. Among the 217 A-category companies known for consistent dividend payouts, 48 gained, 128 declined and 41 remained unchanged.
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Prices also fell across 36 mutual funds. While 10 funds posted gains, an equal number saw price decreases, and the prices of 16 remained unchanged.
In the DSE block market, shares worth Tk 9 crore of 18 companies were traded. Fine Foods accounted for the highest transaction, with shares worth Tk 9 crore.
The total turnover at the DSE stood at Tk 235 crore for the day, down from Tk 278 crore in the previous session.
Baraka Patenga Power was the top gainer on the DSE, with a 9.66 per cent rise in share price. On the other hand, Information Services Network lost over 7.52 per cent, becoming the worst performer of the day.
Chattogram Also Declines
Similar to Dhaka, the Chattogram Stock Exchange (CSE) also recorded a fall in indices. The overall index at the CSE dropped by 26 points.
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Of the 184 companies that participated in trading at the CSE, share prices rose for 55, declined for 95, and remained unchanged for 34.
The total turnover at the CSE was Tk 8.68 crore, an increase from the previous session’s Tk 4.97 crore.
ICB Sonali Bank First Mutual Fund topped the gainers’ list at the CSE with a 10 per cent price increase, while SK Trims & Industries dropped over 9 per cent, marking the steepest decline.
6 months ago