Both the Dhaka and Chattogram stock exchanges saw a decline across all indices for the fourth consecutive trading day on Tuesday,  with the majority of listed companies witnessing a fall in share prices and reduced turnover.

On the Dhaka Stock Exchange (DSE), the benchmark index DSEX fell by 41 points. The Shariah-based DSES index declined by 8 points, while the blue-chip DS30 index dropped by 17 points.

Out of the 392 companies that traded on the DSE, share prices increased for 83, while 237 saw a decline. The prices of 72 companies remained unchanged.

Share prices dropped across all three categories – A, B, and Z. In the A category, which includes companies with a strong dividend record, 125 out of 213 companies saw a decrease in share prices. In contrast, only 49 companies posted gains, while 39 remained unchanged.

In the DSE block market, shares worth Tk 17 crore were traded across 33 companies. Fine Foods accounted for the highest block transaction, selling shares worth Tk 5 crore.

Overall, the DSE recorded a total turnover of Tk 272 crore, down from Tk 282 crore in the previous session.

Market swings amid volatile trading at DSE and CSE

The Investment Corporation of Bangladesh (ICB) topped the gainers’ list with a 9.83% increase in share price, while NCC Bank suffered the highest loss, declining by 9.65%.

Chattogram Also in Decline

Similar to Dhaka, the Chattogram Stock Exchange (CSE) also continued its downward trend, with the overall index shedding 49 points.

Of the 207 companies that traded on the CSE, 61 posted gains, while share prices dropped for 115. Prices of 31 companies remained unchanged.

Total turnover at the CSE stood at Tk 10 crore, slightly lower than the previous day’s turnover of Tk 11 crore.

Global Islami Bank led the gainers with a 10% rise, while Bank Asia topped the losers’ list, with its share price falling by more than 17%.