Sheikh Hasina resigned from the post of Prime Minister on August 5 in the face of the student movement and took refuge in India. After his resignation, there was a big rise in the stock market for several consecutive days.

Market analysis shows that the main index DSEX of the main stock market Dhaka Stock Exchange (DSE) increased by 786 points in 4 working days from August 6 to August 11. In the next 5 working days, the stock market trades are going up and down. Some days have seen big declines, sometimes big upswings.

But the number of days the index has fallen since a pot-change in power, today’s decline has surpassed all business days. Today the DSE index fell by more than 125 points. The prices of 366 companies that were traded on this day fell. On the contrary, the rate has increased by only 18. Which was not seen in such a state of misery in the previous fall days.

Market watchers did not find any rational reason behind today’s abnormal decline. They say that expatriates are giving us great news of remittances. Stability has also started to return to the apparel sector. The administrative level is slowly returning to a normal environment. In such a situation, they cannot see any logical reason for the big fall in the stock market.

According to them, it is a manipulation of big investors. They sometimes pick up shares in big swings. Still doing so. But in such a situation investors have to be patient. They should not sell shares at a low price. Because the market can turn around in a big way at any time.

Sunday market review

Today the main index of DSE DSEX has decreased by 125 points to 5 thousand 779 points. The previous day the index fell by 49 points.

Shares and units worth Tk 480 crore 90 lakhs were traded in DSE that day. The previous day was 999 crores 01 lakhs. Transactions decreased by Tk 518 crore 12 lakh or 52 percent.

Among the 398 companies traded on the DSE today, shares and units rose by 18 or 4.5 percent. And the rate decreased by 366 or 91.96 percent and the rate did not change by 14 or 3.52 percent. Shares and units worth Tk 7.6 million were traded in the other stock market CSE today. Out of 224 companies traded in CSE on this day, share and unit prices increased by 15, decreased by 200, and unchanged by 9.

On this day, the overall index of CSE CASPI decreased by 316 points to 16715 points.

Source: DSE.