DSE
DSE index plummets by 112.65 points in last three days
The Dhaka Stock Exchange (DSE) extended its losing streak on Tuesday, marking the third consecutive day of decline. The benchmark DSEX index plunged by 57.40 points, closing at 5,242.66 amid mounting sales pressure, bringing the total three-day loss to 112.65 points.
The DSEX was not alone in its downward trajectory. The Shariah-based DSES index fell by 17.5 points to settle at 1,153.93, while the DS30 blue-chip index shed 20.17 points, ending at 1,942.90.
Turnover on the DSE dropped to Tk 514.8 crore on Tuesday, down by Tk 36.5 crore from Monday's Tk 551.3 crore. A total of 16.8 crore shares and mutual fund units changed hands through 181,081 transactions, compared to 17.51 crore shares exchanged in 179,434 transactions the day prior.
Out of the 388 companies traded, 267 saw their share prices decline, while only 76 posted gains. Prices for 45 companies remained unchanged, reflecting subdued investor sentiment.
The Chittagong Stock Exchange (CSE) mirrored the overall downtrend but saw marginal fluctuations. The CASPI index edged up slightly, gaining 0.84 points to close at 14,691.05.
A total of 218 companies participated in Tuesday's CSE trading. Prices for 134 companies dropped, 58 advanced, and 26 remained unchanged. Turnover on the CSE, however, showed an uptick, increasing to Tk 11.1 crore from Monday’s Tk 5.33 crore. Trading volume reached 24.21 lakh shares and units, exchanged through 2,580 transactions.
2 days ago
DSE gains 17.65 points amid declining trading volume
The Dhaka Stock Exchange (DSE) saw its key index edge up by 17.65 points on Wednesday, despite a sharp decline in trading volume compared to the previous session.
The benchmark DSEX index closed at 5,316.07 points, while the Shariah-based DSES index rose by 1.95 points to 1,184.95. Meanwhile, the DS30 blue-chip index gained 2.10 points, ending the day at 1,972.20.
However, trading volume at the DSE fell significantly. Shares and mutual funds worth Tk 479.8 crore changed hands, down by Tk 97.8 crore from Tuesday’s Tk 577.6 crore. A total of 13.17 crore shares and units were traded through 1,161,189 transactions.
Out of the 394 companies that participated in Wednesday’s trading, the prices of 152 stocks rose, 175 declined, and 67 remained unchanged.
At the Chittagong Stock Exchange (CSE), the CASPI index inched up by just 0.18 points to close at 14,781.32. The day’s transactions at the CSE were notably sluggish, with a turnover of Tk 4.36 crore—far lower than Tuesday’s Tk 12.62 crore.
A total of 195 companies were traded on the CSE, with 69 stocks gaining, 94 declining, and 32 remaining unchanged. Overall, 18.76 lakh shares and units were traded through 2,162 transactions.
1 week ago
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
DSE indexes see positive turn after four days of decline
The Dhaka Stock Exchange (DSE), Bangladesh’s primary capital market, experienced an upward trend in the first hour of trading on Tuesday, following four consecutive days of losses.
Data from the DSE shows that 3.95 crore shares and units were exchanged across 36,864 transactions, amounting to a turnover of Tk 86.65 crore within the first hour.
Of the 377 companies that participated in trading, 261 saw price increases, 85 experienced declines, and 31 remained unchanged.
DSE suffers sharp decline, investors demand action as millions lost
Key indexes reflected this positive shift: the main DSEX index rose by 45.25 points, reaching 4,943.79, while the DSES Shariah index gained 7.62 points to 1,095.08. The DS30, a special blue-chip index, also increased by 23.9 points to 1,829.79 in the initial hour of trading.
3 weeks ago
DSE suffers sharp decline, investors demand action as millions lost
In just two days (Sunday-Monday), the Dhaka Stock Exchange’s (DSE) prime index has dropped a staggering 218 points, resulting in the losses of millions of taka of the investors and traders.
With approximately three million investors currently engaged in the stock market, the downturn has left many disheartened.
The Bangladesh Securities and Exchange Commission (BSEC) expressed serious concerns about suspicious market activities.
To investigate these irregularities, the BSEC has formed a four-member committee tasked with providing a detailed report within 10 days.
Rezaul Karim, the executive director of the BSEC, assured the public that the existing task force will intensify its efforts in the coming days.
DSE closes lower amid heavy selling pressure, Tk 357cr in transactions
Besides, several focus committees will be formed under the task force to maintain a close watch on the market.
The stock market crisis has prompted investors to call for the resignation of BSEC chairman Rashed Maksud, criticising his inability to stabilise the market.
Many investors, who had utilised margin loans, are experiencing forced selling, which has led to considerable losses in equity.
The BSEC acknowledged that junk shares have flooded the market due to a string of poor IPOs over the past 14 years.
Investors are now urging the commission to implement a buyback law and eliminate underperforming IPOs.
Investors protest decline in stock market
There is also a strong demand for accountability regarding Shiblee Rubayet, a former commissioner allegedly involved in a previous stock market scandal.
In a recent statement, Rezaul Karim said that the people involved in past market scams will soon face legal action.
Brokerage houses are reporting a noticeable decline in activity, with far fewer investors present compared to a few months ago when the market was relatively steady.
Saiful Islam, president of the DSE Brokerage House Association, has called for liquidity support to help stabilise the market. He also urged the government to reconsider the current approach of categorising companies based on dividend disbursement, arguing that it should be left to investors to make their own investment decisions.
“Let the market run at its own pace. When attempts are made to control it, a collapse is inevitable, and that is exactly what is happening now,” Saiful stated.
When asked about a potential market recovery timeline, neither the DSE nor the BSEC could provide a definitive answer. However, Mominul Islam, chairman of the DSE, expressed hope that market conditions might improve by December.
This downturn has cast a cloud of uncertainty over the financial landscape, and all eyes are now on the BSEC and DSE to see how they will address investors’ concerns and work to restore market stability.
3 weeks ago
DSE rebounds as Tk 344 crore in shares traded today
After five consecutive days of decline, the Dhaka Stock Exchange (DSE) saw a slight upward trend today as all three key indices posted modest gains, encouraging investor sentiment.
The trading session ended with 150 companies experiencing price increases, while 184 companies saw declines, and 63 remained unchanged. Despite the mixed results, the positive movement of the indices provided a much-needed boost to the market.
Investor confidence appeared to return as the DSE's main index, DSEX, rose by 12.38 points, closing at 5173.11. The DSES (Shariah) index increased by 1.41 points to 1156.99, while the DS30 index, which tracks blue-chip companies, climbed 7.53 points to 1903.79.
The day's trading volume amounted to Tk 344 crore, slightly lower than Sunday's transaction volume of Tk 362 crore. While the value of transactions dipped by Tk 16 crore, the volume of share trading increased, signaling renewed interest among investors.
In contrast, the Chittagong Stock Exchange (CSE) saw a drop in transaction volume, falling from Tk 6.33 crore on Sunday to Tk 5.97 crore on Monday. The CSE CASPI index slipped by 0.25 points, closing at 14513.31. A total of 179 companies and mutual fund units were traded at the CSE, with 53 companies seeing price gains, 99 facing declines, and 27 remaining unchanged.
1 month ago
Stock market: Downward trend for fourth consecutive day
The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) continued their downward trend on Thursday, marking the fourth consecutive day of falling indices this week. Despite an uptick in trading volume at the DSE, most companies saw declines in share prices, with market indices across both exchanges experiencing significant drops.
At the DSE, trading volume increased to Tk 306.89 crore, up from Tk 296.34 crore on the previous day, reflecting a rise of Tk 10.55 crore. However, this boost in trading activity did little to offset the overall decline in stock values.
DSE faces downturn for second consecutive day as most company shares decline
The DSE's benchmark index, DSEX, dropped by 58.23 points, closing at 5257.97 points. Other indices followed suit, with the DSES (Shariah) index down by 8.74 points to 1174.13 points, and the DS-30 index, which tracks the top 30 leading companies, falling by 17.58 points to 1930.39 points.
Out of the 395 companies and mutual funds traded on the DSE, only 53 companies posted gains, while a substantial 293 companies saw their share prices fall, and 49 remained unchanged.
Meanwhile, trading activity at the CSE dipped on Thursday. The total value of shares traded fell by Tk 3.31 crore to Tk 4.64 crore, down from Tk 7.95 crore on the previous day. Similar to the DSE, all major indices at the CSE also experienced declines.
The CASPI index, the main index of the CSE, decreased by 150.83 points, closing at 14821.49 points, while the CSCX index dropped by 87.63 points to 9012.55 points. Other indices, including the CSE-50, CSI, and CSE-30, also showed declines of 8.22 points, 8.14 points, and 103.52 points, respectively.
On Thursday, shares of 218 companies and mutual funds were traded at the CSE. Of these, the share prices of 41 companies rose, while 156 companies posted losses, and 21 companies remained unchanged.
1 month ago
DSE trading declines for third consecutive day
The Dhaka Stock Exchange (DSE), the country’s primary capital market, experienced its third consecutive day of decline in trading on Wednesday.
During the first one and half hours of trading, the DSE recorded a drop in the prices of most listed companies, with all three major indexes seeing a downturn. In this period, share prices of 110 companies advanced, 189 declined, and 81 remained unchanged.
Read more: DSE faces downturn for second consecutive day as most company shares decline
According to market sources, the DSEX, the DSE’s benchmark index, fell by 14.65 points to 5,351.30. The DSES Shariah index dropped 4.80 points to 1,190.55, while the DS30, which tracks blue-chip stocks, decreased by 4.67 points to 1,959.05.
By mid-morning, approximately Tk 110 crore worth of shares and units had been transacted on the DSE.
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