The country’s stock market is again in a circle of continuous decline. In the last three working days, the main index of the main stock market Dhaka Stock Exchange (DSE) fell by 112 points. 24 points decreased today for the third day.
At the beginning of the day’s trading, big investors can see big sell pressure. Shares of at least two dozen companies were sold off at the lowest prices at the start of trading.
Then as the trading time increased, the number of companies without buyers also increased. At one point, more than half of the companies traded were suffering from a buyer crisis. However, there has been some improvement in the situation at times.
During the day’s volatility, more than four times as many companies’ shares and units fell than the number of companies that rose today. A negative trend was seen in the transaction on this day.
Earlier, the bearish market turned from the first working day of July. The DSE index increased by 266 points in those 6 working days.
Before that, the DSE index lost more than a thousand points this year. Markets rebounded in July after falling further. But as soon as the situation did not return, the market became unstable again, such is the complaint of common investors.
Market people say that this time, without getting the desired financial support from China, the market has moved towards a negative situation. Which has no logical basis. However, they hope that the market will turn around in the next 2-1 days.
Sunday market review
On the first working day of the week, Sunday (July 14), DSE’s main index ‘DSEX’ fell by 23.99 points to 5,482 points. Among the other two indices, ‘DSES’ decreased by 4.82 points to 1,202 points, and the ‘DS-30’ index decreased by 5.24 points to 1,937 points.
Shares and units worth Tk 622 crore 25 lakh 85 thousand were traded in DSE today. 664 crore 28 lakh 89 thousand taka was traded on the previous working day.
A total of 397 shares and units of companies were traded in DSE today. Among the companies that participated in the transaction, the prices of 70 companies increased, and 297 companies decreased. Shares and units of 30 other companies remain unchanged.
