Trading on the country’s stock markets resumed on Tuesday following the Bengali New Year holiday, but investors saw no signs of recovery as both major bourses witnessed a decline in indices, with most companies’ share prices falling.
All key indices of the Dhaka Stock Exchange (DSE) dropped within the first two hours of trading, reports UNB.
The benchmark index, DSEX, fell by 19 points, while the Shariah-compliant DSES lost 6 points. The DS30 index, which tracks blue-chip companies, declined by 11 points.
A majority of companies experienced a fall in share prices. Out of the securities traded, 207 declined, 114 advanced, and 74 remained unchanged.
By midday, total turnover on the DSE had exceeded Tk 240 crore in shares and units.
Similar trends were observed at the Chittagong Stock Exchange (CSE), where trading also took a significant hit.
The overall index of the CSE fell by 54 points during the first two hours of the session.
Of the 135 companies that participated in trading at the CSE, prices rose for 35, dropped for 78, and remained unchanged for 22.
During the first half of the session, the CSE recorded share and unit transactions worth over Tk 3.5 crore.
Despite hopes of a post-holiday rebound, market sentiment appears to remain subdued, reflecting continued caution among investors.
Bd-pratidin English/FNC
