News Desk: On the fourth working day of the week, Wednesday (March 1), at the beginning of trading, the upward trend of the price index is seen in the stock market. Also, most of the companies have written their names on the price hike list. Besides, good speed is seen in transactions.
However, even among these, about 100 companies are facing a buyer crisis. Shares and units of these institutions have received huge sell orders at the lowest prices of the day, but buy orders have run out of houses.
Such a buyer crisis has become a regular occurrence in the stock market. In the first two working days of the week, more than 200 institutional buy orders for shares and units were empty. And on the third working day, the purchase order house was empty of 200 companies.
On the one hand, buying orders are empty, on the other hand, those who have shares and units of these institutions are unable to sell them due to huge sell orders of these institutions at the lowest prices of the day.
Transactions are also slow due to such buyer crisis. In the first two working days of the week, the main stock market Dhaka Stock Exchange (DSE) traded less than Tk 300 crore. However, on the third working day, the transaction increased to over Rs 400 crore.
In such a situation, an upward trend is seen in the prices at the beginning of trading on DSE on Wednesday. Also, most of the companies have written their names on the price hike list. Besides, good speed is seen in transactions.
Another stock market Chittagong Stock Exchange (CSE) index is up in the first half hour trading. Good pace of transactions is seen in this market as well. And more companies have written their names on the price increase list.
On this day, trading in the stock market began with the increase in the price of shares and units of most companies. As a result, the main index of DSE increased by 3 points as soon as the trading started in the stock market. This upward trend seen at the beginning of trading continued throughout the first half hour of trading.
As of 10:50 a.m. till writing this report, 108 companies have registered their names in the list of share and unit price increase in DSE. On the contrary, the price of 47 has decreased. And the price of 82 remains unchanged. Among them, the purchase order room has become empty for 95 companies.
The main index of DSE increased by 8 points. Among the other two indices, the DSE-30 index increased by 85.85 points. And DSE Shariah index increased by 1 point. 120 crores 40 lakhs have been traded in DSE till this time.
The overall index of the other stock market CSE CASPI increased by 14 points. 61 lakhs were transacted. Of the 41 firms that participated in the transaction, 22 rose, 8 fell and 11 remained unchanged.
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