Business Report :
Dhaka Stock Exchange (DSE) saw a continued downturn on Wednesday, with most companies experiencing price drops.
The DSEX, the market’s main index, fell by 49.75 points, closing at 5,316.21-marking the third straight day of losses.
By the end of Wednesday’s trading, all three of DSE’s key indexes were down. The DSES (Shariah) index dropped 12.47 points to 1,185.47, while the DS30 index, which tracks the top 30 companies, declined by 15.74 points to 1,947.97.
Out of the 395 companies involved in Wednesday’s trading, 300 saw their share prices fall, only 53 posted gains, and 42 remained unchanged.
This follows a similarly negative trend from Tuesday when 252 companies recorded losses, 96 saw price increases, and 52 remained stable.
The Shariah index had posted a modest increase of 3.79 points on Tuesday, reaching 1,195.35, but reversed that gain on Wednesday.
Alongside falling stock prices, the volume of transactions also decreased. On Wednesday, shares and units worth Tk 296 crore were traded, down Tk 22 crore from Tuesday’s Tk 318 crore and Tk 52 crore lower than Monday’s figures.
The Chittagong Stock Exchange (CSE) mirrored this decline, with its CASPI index dipping slightly by 0.5 points to 14,972.32.
The value of transactions at the CSE also fell, with Tk 7.95 crore traded on Wednesday, Tk 25 lakh lower than the previous day’s Tk 8.2 crore.
At the CSE, 209 companies’ shares and mutual fund units were traded. Of these, 142 companies experienced price declines, 48 saw price increases, and 19 remained unchanged.