• Financial

Fall again in the stock market

  • Financial
  • 15 February, 2023 23:26:24

Photo: Collected

Economy Desk : After a slight increase in the prices in one working day, all the prices in the main stock market Dhaka Stock Exchange (DSE) fell on Tuesday (February 14). Almost six times as many companies that took part in the transaction rose in price, while almost six times as many fell. Also, the volume of transactions has decreased.

In Chittagong Stock Exchange (CSE), another stock market, the share prices of companies participating in the transaction have increased and decreased more than that. As a result, the price of DSE has decreased in this market as well. However, the volume of transactions has increased.

On this day, trading in the stock market started by increasing the share prices of most of the companies. DSE's main benchmark fell by four points since the start of trading. This upward trend seen at the beginning of trading continued for the first half hour. This saw the DSE benchmark rise six points in the first half-hour trade.

But after the first half an hour of trading, the picture of the market started to change. As the trading time progresses, the list of declines starts to grow. As a result, all indices ended the day trading lower.

At the end of the day's trading, only 23 companies registered their share prices on the DSE list. On the contrary, the price of 143 has decreased. And the price of 143 remains unchanged. However, DSE's flagship DSEX fell by 14 points to 6,256 points compared to the previous day.

The DSE-30 index, which consists of 30 companies, is down five points compared to the previous day at 2,226 points. And DSE Shariah decreased by three points to 1 thousand 368 points compared to the previous day.

Tk 433 crore 10 lakhs were traded in DSE throughout the day. 435 crore 41 lakh taka was traded on the previous day. Accordingly, the transaction has decreased by 2 crore 31 lakh taka.

Shares of Olympic Industries were the most traded in terms of rupees on DSE. 31 crore 27 lakh shares of the company have been traded. Genex Infosys, which is in second place, has a transaction of Tk 29 crore 44 lakh. Bangladesh Shipping Corporation is in the third place with a share transaction of Tk 27 crore 57 lakh.

Besides, the list of top 10 companies in terms of transactions on DSE includes- Gemini Sea Food, Apex Footwear, Shahinpukur Ceramics, Sea Pearl Beach Resort, Orion Pharma, Bidcom Online and Orion Infusion.

Another stock market Chittagong Stock Exchange (CSE) overall price index CASPI decreased by 36 points. 12 crore 61 lakh taka was traded in the market. 16 of the 127 institutions participating in the transaction rose in price. On the contrary, the price of 67 has decreased and the price of 44 has remained unchanged.

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