Stock market fell after four working days

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Daily Present Times

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Eati Akter

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On Monday (12 August), the country’s stock market fell after four consecutive working days of big rise. In Dhaka Stock Exchange (DSE), most of the company’s share and unit prices fell along with all the price indices. Along with that, the volume of transactions has also decreased.

Chittagong Stock Exchange (CSE), another stock market, saw more companies fall than gain. As a result, all indices fell. Along with that, the volume of transactions has also decreased.

Sheikh Hasina resigned from the post of Prime Minister on August 5 in the face of the students’ movement. He left the country with that. The main DSE index rose nearly 800 points in four working days after the fall of the Hasina government.

In this situation, trading in the stock market started on Monday by reducing the prices of shares and units of most companies. The main DSE index fell by 29 points in the first 10 minutes of trading. At times the market tried to move upwards, but at the end selling pressure increased. As a result, the day ended with the index falling.

At the end of the day’s trading, shares and units of only 53 companies were listed as gainers. On the contrary, the price of 337 companies has decreased. And 13 prices remain unchanged.

In this, DSE’s main price index DSEX fell by 83 points to 5 thousand 932 points. Among the other two indices, the DSE Shariah Index has dropped 14 points to 1,270 points compared to the previous day. And the DSE-30 index, which consists of 30 well-chosen companies, fell by 30 points to 2,153 points compared to the previous day.

1 thousand 143 crore 2 lakh taka was traded in the market throughout the day. 2 thousand 10 crores 8 lakhs were traded on the previous working day. Accordingly, the transaction decreased by 867 crore 6 lakh taka.

Grameen Phone shares contributed the most in this transaction. 113 crore 13 lakh shares of the company have been traded. 49.28 million shares of BRAC Bank, which is in second place, were traded. Techno Drugs is in the third place with a share transaction of Tk 40 crore 8 lakh.

Besides, the list of top 10 companies in terms of transactions on DSE includes – Robi, IFIC Bank, British American Tobacco, Square Pharmaceuticals, AB Bank, Kaya Cosmetic and Alif Industries.

Another stock market Chittagong Stock Exchange (CSE) overall price index CASPI decreased by 124 points. 68 of the 269 firms that participated in the market rose in price. On the contrary, the prices of 186 have decreased and the prices of 15 have remained unchanged. 20 crores and 17 lakhs have been transacted. 30 crores and 89 lakhs were traded on the previous working day.

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