United News of Bangladesh

The stock market began the first trading day of the week with a downward trend as both the Dhaka and Chittagong stock exchanges witnessed a decrease in indices and trading volumes, with the majority of companies seeing price drops on Sunday. The Dhaka Stock Exchange’s (DSE) key index, DSEX, fell by 13 points. The other two indices, the Shariah-based DSES, and the blue-chip index, both saw reductions of 4 points and 1 point, respectively. The Chittagong Stock Exchange (CSE) also reported a decline in its overall index, which dropped by 38 points by the close of trading. Out of the 395 companies traded on the DSE, the share prices of 240 companies decreased, 92 saw an increase, and 63 remained unchanged. BB to announce contractionary monetary policy on Monday On the CSE, shares of 177 companies were traded, with 82 companies experiencing price declines, 67 seeing price increases, and 28 remaining unchanged. Overall, both markets recorded a decrease in total trading volume. On the DSE, the total trading value amounted to 374 crore Tk, down from 429 crore Tk on the previous trading day. Similarly, on the CSE, the total trading value was 5.3 crore Tk, which is a reduction of 4 crore Tk from the previous day. Among the shares traded on the DSE, Power Grid Company of Bangladesh saw the highest price increase, with its shares rising by 10%. On the CSE, Islamic Finance and Investment PLC topped the list with a 10% increase in share price. Conversely, on the DSE, the notable company that saw the biggest decline was Khulna Printing and Packaging Limited. After consistent price rises, the company’s shares fell by 7.43%. On the CSE, Confidence Cement PLC recorded a 9.81% drop in share price, placing it at the bottom of the list. Trading Begins with an Uptrend as Most Company Shares Gain Meanwhile, the SME sector, which faced a significant downturn last week, began this week on a positive note. The DSE SME Index (DSMEX) rose by 16 points on the first day of trading. Among the 19 companies traded, 11 saw their share prices increase, 7 saw a decline, and 1 remained unchanged.

The Dhaka Stock Exchange (DSE) witnessed a downturn for the fourth consecutive day, with key indices continuing to fall throughout the trading session on Wednesday. Most listed companies saw a decline in share prices as the market struggled to regain momentum. All major indices of the DSE closed in the red, with the benchmark DSEX index dropping by 13 points. The Shariah-compliant DSES index fell by 7 points, while the blue-chip DS30 index declined by 0.67 points. DSE index declines while CSE sees gains in first hour Out of the 395 traded companies, the share prices of 206 declined, while 124 advanced, and 65 remained unchanged. Category-Wise Performance: · A-category: 93 companies saw a price decline, 80 recorded gains, and 43 remained unchanged. · B-category: 62 companies’ shares fell, 22 rose, and 5 stayed unchanged. · Z-category: 49 companies experienced a drop, while 21 advanced, and 17 remained stable. · Among the traded mutual funds, 19 remained unchanged, while 10 declined and 8 gained in value. Block Market Transactions In the block market, shares of 29 companies amounting to 2.91 million units were traded for Tk 4.36 crore. Declining Turnover Alongside the declining indices, turnover on the DSE also dropped. Total trading volume stood at Tk 314 crore, compared to Tk 328 crore the previous day. Stock Market Slump: DSEX index falls by 40 points in three days SME Sector Performance The DSE SME index (DSME) saw marginal growth of less than 1%. Within this sector, 11 companies’ share prices fell, 8 increased, and 1 remained unchanged. Despite the downturn in prices, overall trade in this segment saw a slight rise, with turnover reaching Tk 7.74 crore, up from Tk 7.48 crore the previous day. Top Gainers and Losers Despite the overall market slump, Hakkani Pulp & Paper Mills recorded the highest gain, with its share price surging by 9.81%. Conversely, Premium Cement Mills PLC faced the steepest decline, with its stock losing 9.8% of its value. Chittagong Stock Exchange The bearish trend was also reflected in the Chittagong Stock Exchange (CSE), where the overall index fell by 43 points. Of the 191 companies traded, 97 saw a decline, 69 gained, and 25 remained unchanged. Additionally, trading volume in the CSE fell sharply, with turnover declining from Tk 10 crore the previous day to Tk 4 crore on Wednesday. The continuous slump in the stock market highlights ongoing investor concerns, with analysts monitoring the trend closely to assess future market movements.