The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) continued their downward trend on Thursday, marking the fourth consecutive day of falling indices this week. Despite an uptick in trading volume at the DSE, most companies saw declines in share prices, with market indices across both exchanges experiencing significant drops.
At the DSE, trading volume increased to Tk 306.89 crore, up from Tk 296.34 crore on the previous day, reflecting a rise of Tk 10.55 crore. However, this boost in trading activity did little to offset the overall decline in stock values.
DSE faces downturn for second consecutive day as most company shares decline
The DSE's benchmark index, DSEX, dropped by 58.23 points, closing at 5257.97 points. Other indices followed suit, with the DSES (Shariah) index down by 8.74 points to 1174.13 points, and the DS-30 index, which tracks the top 30 leading companies, falling by 17.58 points to 1930.39 points.
Out of the 395 companies and mutual funds traded on the DSE, only 53 companies posted gains, while a substantial 293 companies saw their share prices fall, and 49 remained unchanged.
Meanwhile, trading activity at the CSE dipped on Thursday. The total value of shares traded fell by Tk 3.31 crore to Tk 4.64 crore, down from Tk 7.95 crore on the previous day. Similar to the DSE, all major indices at the CSE also experienced declines.
The CASPI index, the main index of the CSE, decreased by 150.83 points, closing at 14821.49 points, while the CSCX index dropped by 87.63 points to 9012.55 points. Other indices, including the CSE-50, CSI, and CSE-30, also showed declines of 8.22 points, 8.14 points, and 103.52 points, respectively.
On Thursday, shares of 218 companies and mutual funds were traded at the CSE. Of these, the share prices of 41 companies rose, while 156 companies posted losses, and 21 companies remained unchanged.