The stock market is on the way to turn around after the correction

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The stock market is on the way to turn around after the correction

In the first four working days after the change of government, there has been a big upsurge in the country’s stock market. The main Dhaka Stock Exchange (DSE) index rose 786 points in the first four working days.

After that, a major correction is seen from the fifth working day. Of these 5 working days, 4 have been major declines. The index rose 84 points in one working day. It can be seen that the DSE index rose to 6 thousand 15 points four working days after the change of government. Today the index decreased by 240 points to 5 thousand 775 points.

Both the stock markets started trading positively today on the 10th working day after the pot change. In the first part of the day, the DSE index was traded up by nearly 70 points at 10:56 am. After the ups and downs throughout the day, the trading ended in a positive trend. However, due to the adjustment, the index settled in a slightly negative trend.

Monday Market Review

Today on August 19, the DSR main index ‘DSE X’ is down 3.14 points at 5 thousand 775 points. Among the other two indices, DSE’s Shariah index DSES gained 5.96 points and DS30 index fell 5.47 points.

A total of Tk 807 crore 15 lakh shares and units were traded in DSE today. 480 crore 89 lakh 54 thousand taka were traded on the previous day.

A total of 396 shares and units were traded in DSE today. Out of which 119 prices increased, 247 prices decreased and 30 prices remained unchanged.

Shares and units worth Tk 8 crore 63 lakh were traded in the other stock market CSE today.

Among the 222 companies traded in CSE on this day, the share and unit prices increased in 45, decreased in 160, and did not change in 17.

On this day, the overall index of CSE CASPI has decreased by 99 points to 16616 points.

Source: DSE & CSE.

 

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

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