B Mirror Report:The country’s stock market began the first working day of the week on a downward trend, with all major Indexs of the Dhaka Shtock Exchange (DSE) falling alongside a drop in trading turnover.
Market data showed that most listed companies experienced a decline in share prices. The benchmark DSEX index fell by 13.15 points to settle at 5,220.94 points. The DSES index dropped by 1.94 points to 1,056.21 points, while the DS30 index decreased by 11.34 points to 1,990.26 points.
A total of 394 companies participated in trading on the DSE, where 161 advanced, 194 declined, and 39 remained unchanged. Turnover stood at approximately Tk 727.45 crore, down from Tk 844.92 crore in the previous session.
On the Chittagong Stock Exchange (CSE), turnover reached Tk 14.94 crore. Of the 215 traded securities, 88 advanced, 98 declined, and 29 remained unchanged. The CSE All Share Price Index (CASPI) fell by 56.20 points to 14,646.52 points.
Market analysts said the ongoing decline is not alarming and may be corrected in a single strong trading session. They noted that global uncertainty, particularly tensions in the Middle East, along with seasonal liquidity pressure ahead of Eid-ul-Azha, have contributed to reduced investor participation.
They also suggested that many investors are diverting funds for Eid-related expenses, including livestock purchases, leading to lower market activity.
Despite the downturn, analysts remain optimistic, stating that the market is unlikely to face a prolonged downturn and could recover quickly if investor confidence returns.
