Dhaka Stock Exchange
DSE sees upward trend with Tk 556cr in trade today
The Dhaka Stock Exchange (DSE) continued its positive momentum for the third consecutive day on Thursday, despite mixed market reactions and selling pressures.
Thursday’s trading session saw DSE indexes rise initially, followed by a brief downturn after the first two hours. However, by around 1:00 pm, the indexes recovered and sustained an upward trend until the close.
Dhaka Stock Exchange closes on a high note today; 373 companies see price increase
DSE data shows that 23.19 crore shares and units were exchanged across 176,106 transactions, with the day’s total trade value reaching Tk 556 crore, up from Tk 519 crore on Wednesday.
A total of 397 companies participated in Thursday’s trading, with share prices for 212 companies rising, 151 declining, and 34 remaining unchanged.
The DSEX, DSE’s primary index, gained 34.56 points to close at 5,199.40 points. The Shariah-based DSES index rose by 8.68 points to 1,144.90, and the DS30, comprising blue-chip stocks, increased by 10.19 points to 1,926.05.
Dhaka Stock Exchange: Prices of 312 companies rise after four-day slump
Meanwhile, the Chittagong Stock Exchange (CSE) saw a modest increase, with the CASPI index gaining 0.65 points to close at 14,442.00 points. On the CSE, 51.61 lakh shares and units changed hands across 1,833 transactions. Of the 208 companies traded, 133 recorded gains, 59 saw losses, and 16 remained unchanged.
The CSE’s transaction volume stood at Tk 4.84 crore, slightly down from Tk 6.90 crore on the previous day.
3 weeks ago
Protesters demand BSEC chairman's resignation
Members of the Bangladesh Pujibadi Oikya Parishad staged a human chain protest in front of the Dhaka Stock Exchange (DSE) on Tuesday, expressing their frustration over the recent continuous decline in the stock market.
During the demonstration, protesters called for the resignation of the chairman of the Bangladesh Securities and Exchange Commission (BSEC), holding him accountable for the ongoing downturn.
DSE sees surge with Tk 358.22cr in trading today
Last week, the stock market experienced a significant slump, with four consecutive days of decline, which extended into the start of this week. However, following an announcement from the Ministry of Finance pledging support to those affected by previous stock market crises and scandals, the market rebounded significantly.
On Tuesday, the DSE’s main index, DSEX, rose by 68.66 points, closing at 5,241.77. The day’s trading on the DSE recorded transactions totaling Tk 358.22 crore, signaling a recovery.
4 weeks ago
Stock market slumps as DSEX hits 3-month low, most companies see price drops
Stocks in Dhaka saw a sharp decline last week, with the DSEX falling below 5,300 for the first time in three months as anxious investors sold off to prevent further portfolio losses.
The market remained dominated by sellers throughout the week, extending its losing streak for the fourth consecutive week.
The market started the week in free fall, hitting session lows across all four days as retail investors, in particular, engaged in panic selling.
The main index of the Dhaka Stock Exchange (DSE), DSEX, finally settled at 5,258, down over 164 points or 3.03 percent from the previous week. The DSEX has lost 476 points in the last four weeks.
Read more: Small investors’ woes in stock market not over yet
Investors concerned continued to shed their holdings after noting that heavy-weight issues, including mutational companies, continued to fall in the past few weeks, putting further pressure on indices.
Investors preferred to trim their equity exposures and adopted a wait-and-see approach amid uncertainties surrounding earnings declarations for June-ending companies.
Macroeconomic and regulatory uncertainties also acted as negative catalysts that ignited the selling spree, allowing the bears to retain control for a prolonged period.
DSEX, the broad index of the Dhaka Stock Exchange, lost 164.1 points, or 3.0 percent, to settle at 5,258 points. Investors' participation in the market continued to fall by 13.3 percent to TK 3,180 million as compared to TK 3,667 million in the previous week.
Read more: BSEC Chairman urges stakeholder cooperation for stock market reforms
Investors were primarily active in the banking sector (20.4%), followed by the pharmaceutical sector (16.5%) and the IT sector (11.3%). Sectors closed in the red, with the services sector (-8.8%) experiencing the largest decline.
Five large-cap stocks such Islami Bank, Brac Bank, British American Tobacco, Renata and Beacon Pharma together accounted for one-fourth of the index's decline during the week, according to EBL Securities.
This week, Tk 52 billion was wiped out from the market capitalization of the DSE, which now stands at Tk 6,691 billion. Over the past four consecutive weeks, the market capitalisation has declined by a total of Tk 242 billion.
The market capitalisation is calculated by multiplying a company’s total number of outstanding shares by its current market price.
Read more: Share Market Investment Guide: How to Invest in Stocks in Bangladesh
The blue-chip DS30 index, a group of 30 prominent companies, also lost 54 points to close at 1,930 while the DSES index, which represents Shariah-based companies, shed 32 points to 1,174.
1 month ago
Stock Market declines for second day after holidays
The Dhaka Stock Exchange (DSE), the country's main stock market, witnessed a drop in the prices of most companies for the second consecutive day, following a rise before the Durga Puja closure.
While the DSE experienced some recovery on Tuesday, driven by gains in bank shares, the broader market continued to struggle. The Shariah-based DSES index rose by 3.78 points to close at 1,195.35, but the main DSEX index dropped 7.57 points to 5,365.96, and the DS30 special index, which tracks blue-chip stocks, fell by 5.79 points to 1,963.72.
Overall, the prices of 252 companies declined, while 96 advanced, and 52 remained unchanged.
BSEC Chairman urges stakeholder cooperation for stock market reforms
On Monday, the DSEX had plunged by 48.51 points, the DSES index dropped by 14.29 points, and the DS30 index fell by 15 points, marking a sharp downturn that continued into Tuesday’s trading session.
In terms of trading volume, shares and units worth Tk 318 crore were traded on the DSE on Tuesday, down by Tk 32 crore from Monday’s turnover of Tk 350.73 crore.
Meanwhile, the Chittagong Stock Exchange (CSE) saw a minor decline, with its CASPI index slipping by 0.31 points to 15,047.65. A total of 185 companies participated in the CSE, with 42 seeing price increases, 111 experiencing declines, and 32 remaining unchanged. The CSE's trading volume also dropped to Tk 8.30 crore on Tuesday, compared to Tk 9.39 crore the previous day.
1 month ago
DSEX index drops by 48.5 points as majority of stocks decline
The Dhaka Stock Exchange (DSE) experienced a slight reduction in trading volume on Monday, the first working day of the week after the Durga Puja holiday, as the prices of most companies fell. Out of 396 companies traded, the prices of 225 declined, 119 increased, while 52 remained unchanged.
By the close of trading, the benchmark index DSEX had dropped by 48.51 points, settling at 5,373 points. The DSES Shariah Index saw a decrease of 14.29 points, ending at 1,191.57, and the DS30 Blue Chip Index fell by 15 points to close at 1,969.52.
Dhaka Stock Exchange opens lower after Durga Puja holiday
The total transaction volume at DSE amounted to Tk 350.73 crore, marking a 6.87% decline from the previous trading day last Wednesday, when the turnover stood at Tk 376.60 crore.
Over at the Chittagong Stock Exchange (CSE), the CASPI index recorded a marginal drop of 0.26 points, closing at 15,094.79 points. A total of 192 companies were traded, with 84 seeing price increases, 85 experiencing declines, and 23 remaining unchanged. The total value of shares and units traded at the CSE was Tk 9.30 crore, up from Tk 8.31 crore on the previous trading day.
1 month ago
Dhaka Stock Exchange opens lower after Durga Puja holiday
Dhaka Stock Exchange (DSE), the country's primary capital market, experienced a downturn in trading on Monday, the first working day following the four-day holiday for Durga Puja.
In the first two hours of trading, the DSE exhibited a mixed performance. According to market data, shares of 166 companies advanced, while 144 companies saw a decline in their stock prices, and 76 companies remained unchanged.
DSE gains 98 points, transaction reaches Tk 376.60cr today
The main index, DSEX, fell by 10.33 points to settle at 5,411.72. Similarly, the DSES Shariah index dropped 3.76 points to 1,202.10, and the DS30 index, which tracks the performance of blue-chip stocks, declined by 3 points to 1,981.96.
This decline contrasts sharply with last Wednesday's closing session, where share prices and all indices showed gains across the board before the extended holiday break.
DSEX climbs by 26.99 points as majority of listed companies show gains
During Monday's early trading session, shares and units of 386 companies were exchanged, with a total transaction volume of Tk 167 crore in the first two hours.
1 month ago
Small investors’ woes in stock market not over yet
Small investors in Bangladesh’s stock market remain trapped, with their woes persisting due to a lack of confidence, weak governance and economic instability, despite assurances from regulators of an eventual market rebound, according to experts.
“No one, not even the regulator or stock market authorities, pays heed to our screams,” said Saiful Islam, a grocery owner and one of the affected investors,” in a broken voice while talking to UNB regarding the capital market.
Saiful invested Tk 14 lakh in 2010 to buy shares of different companies listed in the Dhaka Stock Exchange (DSE).
Dhaka stocks drop in early trading today
After graduating in 2004, Saiful found no suitable job and then started a small business in the Motijheel area in 2007 with support from his father-in-law.
He made a good profit in the business and invested the money in the share market.
In 2010, Saiful invested around Tk 14 lakh, of which Tk 6 lakh was his own and Tk 8 lakh he borrowed from relatives. All of his investment was stuck in shares of different companies due to a major scam in the capital market in 2011.
Like Saiful, thousands of investors lost their hard-earned capital in 2011, and after that, some were able to regain part of their capital. However, most of them left the capital market, losing nearly all their investment.
Many such investors are still in the market, hoping for a rebound in the DSE, but without any good news.
DSEX drops by 43 points as prices of 288 companies fall, Chittagong Stock Exchange follows suit
There is no sign of lifting the floor price before the next election. However, economists say that people do not have confidence in the market. The BSEC advises investors to remain patient.
Analysts say that the small investors’ woes in the capital market are unlikely to end before the national election as their wait for a good time is prolonged by Bangladesh’s recent ‘instability’.
The small investors’ shares were once stuck at the floor price (minimum sale rate) due to the overall economic downturn. The floor price barrier ended after the change in government in Bangladesh.
However, the prices of most companies' shares have not increased to the desired level for small investors.
Dhaka Stock Exchange sees early week gains
This has been painful for many unfortunate small investors in the capital markets, according to market analysts.
Policymakers and the Bangladesh Securities and Exchange Commission (BSEC) paint a rosy picture for small investors, saying that the stock markets will rebound with the enlistment of new companies and the injection of large investments. However, the situation for small investors seems hopeless.
A large number of shareholders have been stuck with their investments in the capital market for over a decade amid fading hopes.
Experts' Analysis
Dr ABM Mirza Azizul Islam, an economist and former adviser of a caretaker government, told UNB that there has been a crisis of confidence among investors in the stock market for a long time.
“To this are added various economic crises, the international situation, and everything, including elections and national politics. As a result, first of all, steps should be taken to eliminate the trust crisis. In this case, trust should be ensured by establishing good governance,” he added.
Dhaka Stock Exchange slips below 5,400-point as Islami Bank shares plummet nearly 10%
“That means investors have to be assured that if someone steals their money through manipulation, they will be prosecuted. Besides, the supply of good shares should be increased. Through these two steps, it is possible to solve the market problem. But it is not easy at all,” said Dr Azizul Islam.
Dr Abu Ahmed, Chairman of the Investment Corporation of Bangladesh (ICB) and former professor of Dhaka University’s Economics Department, said there are two crises in the market: one on the demand side and the other in investor confidence.
On the supply side, he said, the problem is that there are fewer good companies. As a result, it is a win-win situation for manipulation and syndicates. “All in all, the stock market is currently in an unstable condition and the situation is gradually getting worse. The passage from here is very difficult,” he said.
Ahmed also noted that people are sometimes investing in weak shares with the expectation of a big profit, which is not the right way of investing due to a lack of financial literacy.
Read mnore: Share Market Investment Guide: How to Invest in Stocks in Bangladesh
1 month ago
DSE gains 98 points, transaction reaches Tk 376.60cr today
Dhaka Stock Exchange (DSE) closed on a positive note on Wednesday, gaining 98 points in its broad index with a daily transaction volume of Tk 376.60 crore, marking an increase from the previous day's turnover.
The DSE Broad Index rose by 98 points to close at 5,422 points, while the DSE Shariah Index (DSES) increased by 18 points, reaching 1,205 points. The DSE-30 Index, which tracks the top 30 companies, gained 45 points, closing at 2,198 points.
Of the 396 companies and mutual funds traded, 327 saw their share prices increase, 37 declined, and 32 remained unchanged, reflecting overall positive market sentiment.
Read: DSEX climbs by 26.99 points as majority of listed companies show gains
The daily turnover on the DSE amounted to Tk 376.60 crore, an increase of Tk 21.23 crore compared to the previous day’s transaction of Tk 355.37 crore.
On the Chittagong Stock Exchange (CSE), the CASPI Index gained 173 points, closing at 15,135 points. A total of 204 companies participated in the day’s trading, with 125 seeing price increases, 53 experiencing declines, and 26 remaining unchanged.
The CSE recorded a turnover of Tk 8.31 crore, down from the previous day’s transaction of Tk 11.32 crore.
Read more: DSEX drops by 43 points as prices of 288 companies fall, Chittagong Stock Exchange follows suit
1 month ago
DSEX climbs by 26.99 points as majority of listed companies show gains
The Dhaka Stock Exchange (DSE), the country’s primary capital market, witnessed an upward trend in trading on Wednesday, the last working day of the week. After a difficult session on Tuesday, where all indices posted losses, the market bounced back strongly.
In the first hour of trading, shares of 225 companies advanced, 76 declined, and 78 remained unchanged, according to data from the DSE. This early momentum helped boost all major indices.
Dhaka Stock Exchange investors demand BSEC Chairman’s resignation amid market instability
As of 11:30 am, the DSEX, the main index, had risen by 26.99 points, reaching 5,350.21. The DSES Shariah index saw a gain of 7.76 points, standing at 1,195.5, while the DS30, which tracks blue-chip companies, climbed by 9.59 points to 1,948.8.
Trading began at 10 am, and sources confirmed a rise in the volume of shares being traded as the market opened on an optimistic note.
1 month ago
Dhaka Stock Exchange sees early week gains
The Dhaka Stock Exchange (DSE), the country's main capital market, opened the week on a positive note as stock prices of the majority of listed companies showed an upward trend during Monday's trading session.
According to early market data, the DSEX, DSE's benchmark index, gained 3.49 points, reaching 5,382 points within the first hour of trading by 11 am. The Shariah-compliant index, known as DSES, also saw a rise of 3.90 points to 1,194 points, while the DS-30 index, which tracks the performance of blue-chip stocks, increased by 1.68 points, reaching 1,965 points.
Read: Dhaka Stock Exchange investors demand BSEC Chairman’s resignation amid market instability
During this period, a total of 89.95 crore shares and units were traded across the exchange. Market performance was mixed, with the share prices of 147 companies rising, 145 companies falling, and 74 companies remaining unchanged.
1 month ago