Once more, the stock market is overcast, and thousands of crores taka vanish in three days!

Date:

Post View:

Once more, the stock market is overcast, and thousands of crores taka vanish in three days!

Since the beginning of this year, the country’s stock market has seen a continuous decline. In this continuous decline, the main stock market Dhaka Stock Exchange (DSE) index dropped from 6 thousand 242 points to 5 thousand 70 points. The index fell by 1 thousand 172 points.

Then the market started to turn around. On July 09, the DSE index increased by 524 points and settled at 5,594 points. Since then it has fallen again. In the last three days, that decline turned into a disaster. DSE index lost 144 points in these three days. As a result, the capital of the investors has been lost to another thousand crore taka.

Market people say that whenever the country’s stock market is on its way to turning around, some kind of ‘dark cloud’ disrupts the market. This time too, when the investors were moving forward with hope after a long time, the violence of the quota movement shattered everything.

Tuesday Market Review

On Tuesday (July 30), the main index of DSE, DSEX, fell by 60 points to 5269 points. Which decreased by 53 points on Monday and 30 points on Sunday.

Shares and units worth Tk 432.7 million were traded in DSE that day. The previous day was 450 crore 18 lakh taka. Today, the transaction decreased by 17 crore 48 lakh taka or 4 percent.

Shares and units of 397 companies traded on DSE today rose by 25 or 6.30 percent. And the rate decreased by 340 or 85.64 percent and the rate did not change by 32 or 8.06 percent.

Source: DSE.

Bmirrorhttps://bmirror.net/
businessmirror20@gmail.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Exclusive Interview: Samiul Kabir on Meghna Bank’s Retail Banking Vision

In an exclusive interview with Mr. Samiul Kabir, Head...

CCGP approves revised tariffs for NWPGCL power plants

B Mirror Report: The Cabinet Committee on Government Purchase...

DSE extends losing streak for third day as investors remain cautious

The country’s capital market continued its downward trend on...

PM orders swift assistance for Haor farmers hit by heavy rainfall

Prime Minister Tarique Rahman today directed the authorities concerned...