Trading on the country’s stock markets resumed on Tuesday after the Bengali New Year holiday, but investors saw no signs of recovery as both major bourses witnessed a fall in indices, with most company share prices declining.
All key indices of the Dhaka Stock Exchange (DSE) dropped within the first two hours of trading.
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The benchmark index, DSEX, fell by 19 points. The Shariah-compliant index, DSES, lost 6 points, while the DS30 index, which comprises blue-chip companies, declined by 11 points.
A majority of companies saw their share prices slide. Out of the securities traded, the prices of 207 companies dropped, while only 114 advanced.
The prices of 74 companies remained unchanged.
By midday, the total turnover on the DSE had exceeded Tk 240 crore in shares and units.
Similar trends were observed at the Chittagong Stock Exchange (CSE), where trading also took a significant hit.
The overall index of the CSE fell by 54 points during the first two hours of the session.
Of the 135 companies that participated in trading at the CSE, prices rose for only 35, dropped for 78 and remained unchanged for 22.
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During the first half of the session, the CSE recorded over Tk 3.5 crore in share and unit transactions.
Despite hopes of a post-holiday rebound, market sentiment appears to remain subdued, reflecting continued caution among investors.