After the fall of the Sheikh Hasina government, the stock market of the country has seen a record rise in the last three working days. Within these three working days, the main stock market Dhaka Stock Exchange (DSE) index increased by 197 points on Tuesday and 193 points on Wednesday. And today, Thursday, the index increased by 306 points. Dhaka
The DSE index rose by 693 points in the last three days on the news of the formation of the interim government in the country. This is a new record in the history of the Bangladesh stock market. Earlier, the DSE index had not seen such a rise in three consecutive days.
Those related to the market say that the Nobel laureate. News of the formation of an interim government led by Muhammad Yunus has given renewed confidence to investors. Dr. Market participants believe that the confidence of the Western countries in Yunus has created a basis for such confidence among investors.
Investors and market participants say that the country’s stock market has fallen to the bottom in the last two and a half years. The stock market, which has been stuck for a long time, is now turning around with great strength. They hope, Dr. With the touch of Yunus, the country’s stock market will move towards new heights.
Data analysis shows that the main index of DSE on January 20, 2022, was 7 thousand 105 points. Since then, it has been falling steadily. The DSE index fell by almost 2 thousand points in 2 years and 7 months due to the fall. Meanwhile, more than 20 new IPO shares have come to the stock market. which have been added to the capital index.
According to the market participants, the liquidity in the market has decreased due to the crisis, but it has decreased more due to the irregularities and corruption of the regulatory body. The backbone of the stock market has been broken by the looting of Awami supporters with the help of Professor Shibli Rubaiyat Islam. Market stakeholders have demanded an investigation into the corruption and irregularities of Shibli Rubaiyat and his pro-Awami henchmen.
Thursday Market Review
On Thursday, DSEX increased by 306 points to 5,925 points. Among the other two indices, the DSE Sharia index increased by 55.77 points to 1,274 points and the DS30 index increased by 110.56 points to 2,132 points.
Shares and units worth Tk 1,606,470,000 were traded on DSE that day. 775 crore 56 lakh taka was traded the previous day. According to this, the transaction increased by 830 crores 91 lakhs or 107 percent.
Out of 398 companies traded in DSE on that day, share and unit prices increased by 364 or 91.46 percent. And the rate decreased by 27 or 6.78 percent and the rate did not change by 7 or 1.76 percent.
Another stock market Chittagong Stock Exchange (CSE) traded shares and units worth Tk 22 crore 69 lakh today. Out of 285 companies traded on CSE on the day, share and unit prices increased in 244, decreased in 31, and remained unchanged in 10. On this day, the overall index of CSE CASPI increased by 862 points to 16800 points.
Sources: DSE & CSE.
