NN Online:
Monday’s trading session ended with declines in the key indices of both the Dhaka Stock Exchange (DSE) and the Chattogram Stock Exchange (CSE), even as overall market turnover saw an increase.
The day began with a downward trend in the indices, which briefly saw a slight recovery during the first hour of trading before declining again by the close.
The DSEX, the DSE’s benchmark index, dropped by 4 points.
The blue-chip index, DS30, fell by 0.94 points, while the Shariah-compliant DSES index declined by 0.61 points. Over the last two days, the DSEX has lost a total of 42 points.
Trading volume increases amid index drop
Despite the index declines, market turnover saw a modest rise.
On the day, shares and bonds worth Tk 397 crore were traded, an increase of Tk 26 crore compared to the previous session.
Among the traded securities, most companies experienced a price drop.
The prices of 247 companies decreased, while 91 companies saw gains, and 62 remained unchanged.
CSE mirrors DSE’s performance
A similar scenario unfolded on the Chattogram Stock Exchange. The CASPI, CSE’s benchmark index, dropped by 38 points.
Out of 198 companies traded on the CSE, 118 saw their prices decline, 50 registered gains, and 30 remained unchanged.
The total value of shares and bonds traded on the CSE stood at Tk 54.03 crore.
Market analysts attributed the decline in indices to profit-taking activities by investors and a cautious approach amid ongoing market uncertainties.
