Mixed signals in stock market as index fall amid higher trade volume

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Mixed signals in stock market as index fall amid higher trade volume

B Mirror Report: Continuing the trend from the previous session, Bangladesh’s stock market ended Monday with declining index, even as trading activity showed an upward trend. At the Dhaka Stock Exchange (DSE), the benchmark DSEX fell by 41.30 points to close at 5,230.77 points, while the DSE-30 index dropped 19.05 points to 1,979.34 points. The DSES index also declined by 5.03 points to 1,061.07 points.

Market analysts attributed the fall to post-Eid cash shortages, prompting many investors to sell shares. “Such post-festival trends are normal. Investors often sell to manage liquidity, creating temporary pressure on the market. Those who buy shares at lower prices now may benefit in the future,” they said.

Despite the falling index, trading volumes increased. A total of 393 companies traded on DSE, with 111 gaining, 231 declining, and 51 remaining unchanged. Turnover rose to BDT 6.64 billion, up from BDT 6.46 billion the previous day.

Similarly, the Chittagong Stock Exchange (CSE) saw a notable rise in trading activity. Shares and units worth BDT 592 million were traded, compared to BDT 323.1 million on Sunday. Of the 206 listed companies, 79 gained, 99 lost, and 28 remained stable. The CASPI index fell 20.52 points to 14,781.50 points.

Analysts expect the market to stabilize soon as post-Eid liquidity pressures ease.

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