• Financial

Stock market trading is going through the downward trend of the index

  • Financial
  • 08 May, 2024 22:59:30

Economy Desk: On the fourth working day of the week, Wednesday (08 May), the country's main stock market Dhaka Stock Exchange (DSE) index is trading in a downward trend. However, the Chittagong Stock Exchange (CSE) index has seen an upward trend.

Half an hour after the start of trading on Wednesday, i.e. at 10:30 am, the general index of DSE, DSEX, fell by 13 points compared to the previous day at 5,712 points. DSE Shariah Index and DSE-30 Index decreased by 1 point and 4 points to 1253 and 2035 points respectively. Shares and mutual fund units worth Tk 164 crore 83 lakh have been traded during this period.

Shares of 144 companies traded on Wednesday increased, 130 declined and 65 remained unchanged.

The top 10 companies traded till 10:30 am on Wednesday are Sainpukur Ceramic, Malek Spinning, Far East Knitting, Best Holding, Orion Infusion, Golden Son, Asiatic Laboratories, GQ Ballpen, Kohinoor Chemical and Wimax Limited.

Earlier today, the DSEX index fell by 1 point in the first 5 minutes of trading. At 10:10 AM, the index fell another 5 points from its previous position. After that the speed of the index is seen downwards. 20 minutes after the start of trading, i.e. at 10:20 am, the index fell by 17 points to 5,707 points from the previous day.

On the other hand, the CASPI index of Chittagong Stock Exchange (CSE) rose by 7 points to 16,403 points at 10:30 am after half an hour of trading. After that the speed of the index is seen upward.

Till 10:30 a.m. on this day, 97 lakh shares and mutual fund units were traded in CSE. During this period, the price of 21 companies increased, 22 decreased and the share price of 5 companies remained unchanged.

 

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