Dhaka and Chittagong stock exchanges
Stocks close the week on downtrend
Bangladesh’s capital market ended the week on a bearish note as it witnessed a decline for the third consecutive day on Thursday.
All key indices in both the Dhaka and Chittagong Stock Exchanges fell on the final trading day of the week, while the majority of listed companies experienced a drop in share prices.
At the Dhaka Stock Exchange (DSE), the benchmark index DSEX lost 54 points. The Shariah-based index, DSES, declined by 14 points, and the blue-chip index DS30 dropped by 20 points.
Among the 395 companies traded, most saw their share prices decline. While 42 companies recorded gains, 317 saw their share prices fall and 36 companies remained unchanged.
Trading in DSE, CSE begins with continued fall in indices
Shares in all three categories — A, B, and Z — declined. Of the 216 dividend-yielding companies listed in category A, only 19 recorded price increases. In contrast, 182 companies in this category experienced a decrease, and 15 companies remained stable.
Most of the 36 mutual funds traded also witnessed a decline in share prices, with 31 funds seeing their prices fall, 2 showing gains and 3 remaining unchanged.
In the DSE block market, shares worth Tk 29 crore were traded across 31 companies, with Square Pharma topping the list by offloading shares worth Tk 21 crore.
The total turnover at the Dhaka market was Tk 296 crore for the day, slightly higher than the Tk 294 crore recorded on the previous trading day.
City Insurance was the top gainer with a 7.38 per cent increase in its share price. Conversely, Premier Leasing and Finance tumbled more than 9.38 per cent to close at the bottom.
Decline at Chittagong Stock Exchange
Similar downward pressure was observed at the Chittagong Stock Exchange (CSE), where the overall index fell by 137 points during the day.
Among the 205 companies traded on the CSE, 37 saw their share prices rise, 151 declined, and 17 remained unchanged.
The total turnover on the CSE was Tk 10.29 crore, down from BDT 11.22 crore recorded in the previous session.
Samata Leather Complex led the gainers with a 10 per cent increase in share price, while Jamuna Bank suffered a steep fall of over 14 per cent to close at the bottom.
2 months ago
Stock market opens the week with gains
The Dhaka and Chittagong stock exchanges experienced a positive start to the week, with indices rising steadily throughout the trading day.
On Sunday, the main index of the Dhaka Stock Exchange (DSE), the DSEX, gained 13 points.
The other two indices, the Shariah-compliant DSE30 and the blue-chip DSE30, saw increases of 1.5 points and 4 points, respectively.
Throughout the day, the majority of companies saw an increase in share prices. Out of 394 companies listed, 187 experienced a rise in share prices, 155 saw declines, and 22 remained unchanged.
Nine companies declared dividends for the third quarter, distributing returns based on face value per share.
Stock market opens on a positive note in Dhaka and Chattogram
Although the majority of companies saw price increases, most of those in the "A" category saw declines. In this category, 102 companies experienced price decreases, 85 saw increases, and 30 remained unchanged.
The "B" category saw 53 companies with increased share prices, 22 with declines, and 11 that remained unchanged. The "Z" category had 49 companies with price increases, 28 with declines, and 11 that remained the same.
Among the 37 mutual funds traded, most had unchanged prices. However, 11 saw price increases, 9 experienced declines, and 16 remained stable.
In the block market, 33 companies saw 5.1 million shares traded, amounting to Tk 18 crore. Among these, Bich Hatchery Limited was the standout, selling 615,934 shares at a price of Tk 96.90 per share, generating a total of Tk 5.83 crore.
The top performer of the day was Golden Sun Limited, a "B" category company, which saw its share price increase by 10 percent. On the other hand, Zill Bangla Sugar Mills Limited saw a decline of 5.97 percent, positioning it at the bottom of the price movement list.
While the main index rose, the SME index saw a dip, losing 18 points, which resulted in a 1.5 percent drop. Of the 18 companies in this sector, 12 experienced declines, while 6 saw price increases.
Stock markets decline throughout week, investors left disheartened
Despite the rise in indices, overall trading volume decreased by Tk 33 crore compared to the previous week's final trading day. At the close of trading, the total turnover in the Dhaka stock market amounted to Tk 356 crore, down from Tk 389 crore on the last day of the previous week.
The Chittagong Stock Exchange (CSE) mirrored the DSE in terms of the rise in the overall index, which increased by 50 points.
Out of 204 companies traded, 97 saw price increases, 73 experienced declines, and 34 remained unchanged.
Like the DSE, the CSE also saw a decrease in trading volume, with turnover dropping by Tk 8.6 crore compared to the previous week's close. The total turnover for the day in the CSE stood at Tk 4.15 crore.
END/UNB/MM/SAM
5 months ago