The Dhaka Stock Exchange (DSE) witnessed a downturn for the fourth consecutive day, with key indices continuing to fall throughout the trading session on Wednesday, reports UNB.
Most listed companies saw a decline in share prices as the market struggled to regain momentum.
All major indices of the DSE closed in the red, with the benchmark DSEX index dropping by 13 points. The Shariah-compliant DSES index fell by 7 points, while the blue-chip DS30 index declined by 0.67 points.
Out of the 395 traded companies, the share prices of 206 declined, while 124 advanced, and 65 remained unchanged.
Category-Wise Performance:
- A-category: 93 companies saw a price decline, 80 recorded gains, and 43 remained unchanged.
- B-category: 62 companies’ shares fell, 22 rose, and 5 stayed unchanged.
- Z-category: 49 companies experienced a drop, while 21 advanced, and 17 remained stable.
- Among the traded mutual funds, 19 remained unchanged, while 10 declined and 8 gained in value.
Block Market Transactions
In the block market, shares of 29 companies amounting to 2.91 million units were traded for Tk 4.36 crore.
Declining Turnover
Alongside the declining indices, turnover on the DSE also dropped. Total trading volume stood at Tk 314 crore, compared to Tk 328 crore the previous day.
SME Sector Performance
The DSE SME index (DSME) saw marginal growth of less than 1%. Within this sector, 11 companies’ share prices fell, 8 increased, and 1 remained unchanged. Despite the downturn in prices, overall trade in this segment saw a slight rise, with turnover reaching Tk 7.74 crore, up from Tk 7.48 crore the previous day.
Top Gainers and Losers
Despite the overall market slump, Hakkani Pulp & Paper Mills recorded the highest gain, with its share price surging by 9.81%. Conversely, Premium Cement Mills PLC faced the steepest decline, with its stock losing 9.8% of its value.
Chittagong Stock Exchange
The bearish trend was also reflected in the Chittagong Stock Exchange (CSE), where the overall index fell by 43 points. Of the 191 companies traded, 97 saw a decline, 69 gained, and 25 remained unchanged. Additionally, trading volume in the CSE fell sharply, with turnover declining from Tk 10 crore the previous day to Tk 4 crore on Wednesday.
The continuous slump in the stock market highlights ongoing investor concerns, with analysts monitoring the trend closely to assess future market movements.
Bd-pratidin English/Tanvir Raihan
