downtrend
Capital market shows continuous downtrend as indices, share prices fall further
The downtrend in the country’s capital markets shows no sign of stopping, as both the Dhaka and Chattogram stock exchanges witnessed declines for the third consecutive trading day on Wednesday.
Indices dropped across the board, with the majority of listed companies recording a fall in share prices.
On the third trading session of the week, the Dhaka Stock Exchange’s (DSE) benchmark index, DSEX, dropped by 26 points.
Major slump hits Dhaka and Chattogram stock exchanges hard
The other two indices also followed suit: the Shariah-based DSES declined by 7 points, and the blue-chip DS30 index fell by 15 points.
The SME index, DSMEX, representing small and medium enterprises, also took a hit, losing 13 points.
An analysis of the DSEX index reveals that last week’s closing stood at 5,205 points.
Over the past three trading days, the index has dropped incrementally, reaching 5,105 points – a 100-point fall even before the week comes to an end.
Alongside the indices, most companies saw their share prices fall. Of the 397 companies that took part in trading, prices rose for only 120, while 212 saw a decline, and 64 remained unchanged.
In terms of categories, the majority of shares in Category A, B, and Z experienced downward trends.
Among the 36 mutual funds traded, only two posted gains, while prices fell for 27, and 7 remained unchanged.
In the DSE’s block market, shares of 22 companies worth Tk 21 crore were traded. ACI Limited topped the list with shares worth Tk 11 crore changing hands.
Adding to the concerns, overall trading volume also declined. Total turnover stood at Tk 396 crore, down from Tk 446 crore the previous day.
Desh General Insurance Company Limited led the gainers’ list with a 10 per cent rise in share price, while AB Bank First Mutual Fund fell to the bottom with a 7.55 per cent drop.
Chattogram Also Suffers Decline
The Chattogram Stock Exchange (CSE) mirrored the trend seen in Dhaka.
The overall index of CSE fell by 48 points.
Out of the 204 companies that participated in trading, share prices of 121 companies declined, while 62 saw gains. Prices of 21 companies remained unchanged.
Turnover also fell in the port city’s bourse. Shares and units worth Tk 5.40 crore were traded throughout the day, a drop from the previous session’s Tk 7.13 crore.
Sinobangla Industries Limited topped the gainers in the CSE with a 10 per cent rise, while Eastern Insurance Company Limited dropped to the lowest position with a 9 per cent fall.
END/UNB/MM/SAM
7 months ago
Stock markets close with downtrend despite positive start
The stock markets in both Dhaka and Chattogram began trading on a positive note on Wednesday, but ultimately closed the day in decline, marking a downward trend in indices.
The Dhaka Stock Exchange's (DSE) benchmark index, DSEX, fell by 2 points. Similarly, the Shariah-based DSES and blue-chip DS30 indices also ended in the red.
Following a record-high turnover in the previous session, Wednesday's trading at the DSE was notably sluggish.
The daily turnover, which had exceeded Tk 500 crore, dropped to Tk 390 crore.
Stock market opens higher, continues upward momentum
Among the 399 companies traded, 143 saw an increase in share prices, 209 declined and 47 remained unchanged. In the A-category stocks, 71 companies gained value, 120 declined, and 30 remained unchanged.
In the B-category, 78 companies were traded, with 46 experiencing a drop in prices, 25 seeing an increase, and 7 remaining steady.
Despite the decline in A and B-category stocks, junk stocks from the Z-category saw gains. Out of 100 traded shares in this category, 47 rose in value, 43 fell, and 10 remained unchanged.
The mutual fund segment showed a predominantly positive trend, with 25 funds gaining value, 2 experiencing a decline, and 10 remaining unchanged.
Stock market records year’s highest turnover
In the block market, 19 companies traded 14 lakh shares worth Tk 5.50 crore. Beximco Pharmaceuticals led the segment with the highest transaction, selling 2 lakh shares worth Tk 15 crore.
The downturn also impacted small and medium-sized enterprise (SME) stocks. The DS SME Index (DSMEX) fell by 12 points, with 18 traded companies in this sector. Of these, 8 saw a decline, 6 gained value, and 4 remained unchanged.
Turnover in the SME sector more than halved in a day, dropping from Tk 8 crore in the previous session to Tk 4 crore on Wednesday.
Tasarifa Industries Limited emerged as the top gainer on the DSE with a 9.69% price increase, while Far East Finance and Investment Limited fell the most, declining by 5.88%.
The Chattogram Stock Exchange (CSE) experienced a more significant decline compared to Dhaka. The overall index at the CSE fell by 37 points.
Among the 209 traded companies, 111 saw a decrease in share prices, 63 recorded gains, and 35 remained unchanged.
Dhaka stock market opens higher, Chattogram sees decline
Unlike Dhaka, the turnover at the CSE increased, rising from Tk 4.40 crore in the previous session to Tk 7.50 crore.
Apollo Ispat Limited led the gainers at the CSE with a 10% price surge, while Hami Industries PLC recorded the steepest fall, losing 9.78% in value.
9 months ago
DSEX index drops 3.22 points and Tk 86 crore traded in first hour
The Dhaka Stock Exchange (DSE), the country's main capital market, saw a downtrend in the first hour on Thursday.
The 3 indexes of the Dhaka stock market DSEX, DSES, and DS30 decreased in the first session of the second day of the New Year.
The main index DSEX decreased by 3.22 points to 5,214.93 points, the DSES Shariah index fell by 3.59 points to 1161.48 points, and the DS30 special blue-chip index down by 3.36 points to 1938.57 points during the first hour on Thursday.
Read: DSEX index drops 2.38 points, Tk 209.2cr traded in 3 hours on first day of 2025
On the day, the trading record in the DSE shows that shares and units of 4.38 crore were exchanged through 25160 transactions. In the first hour, the market witnessed huge selling pressure, and shares and mutual funds worth Tk 86.5 crore were traded.
During this time, a total of 347 companies participated in trading. Among these, prices of 114 companies increased, 141 companies decreased and 92 companies remained unchanged at the DSE.
11 months ago
Dhaka stock market sees downtrend for third consecutive day
The Dhaka Stock Exchange (DSE) index dropped by 52.98 points within the first hour of trading on Sunday, reflecting a downturn in Bangladesh's main capital market.
During this initial hour, trading volume reached Tk 71.2 crore. A total of 375 companies participated, with 248 experiencing price declines, 80 showing gains, and 47 remaining unchanged.
Read: DSE index hits four-month low amid investor concerns
The primary DSE index, DSEX, fell by 52.98 points to stand at 5,061.61. The DSES Shariah index saw a 12.91-point decrease, settling at 1,131.09, while the DS30 index, tracking blue-chip stocks, dropped by 18.40 points to 1,860.77.
1 year ago