On Wednesday (November 20), the fourth working day of the week, Dhaka Stock Exchange (DSE) index rose, but Chittagong Stock Exchange (CSE) index fell.
On this day, transactions in DSE and CSE decreased in amount compared to the previous working day. At the same time, the prices of shares of most of the companies and units of mutual funds traded on both the stock exchanges fell.
According to DSE and CSE sources, at the end of the day, the main index of DSE DSEX increased by 2.60 points from the previous day and stood at 5 thousand 245 points. The DSE Shariah index increased by 8.59 points to 1,162 points and the DS30 index decreased by 9.26 points to 1,934 points.
A total of 379 shares and units of companies were traded on DSE. Among them, the share and unit prices of 113 companies increased, 183 decreased and 83 remained unchanged.
On the other hand, the Chittagong Stock Exchange (CSE) CSCX index is 11.05 points lower than the previous day at 8,935 points. Overall index CASPI decreased by 18.96 points to 14 thousand 672 points, Sharia index increased by 1.18 points to 937 points and CSE 30 index decreased by 20.41 points to 12 thousand 157 points.
Shares and units of 198 companies were traded on CSE. Among them, share and unit prices of 61 companies increased, 102 companies decreased and 35 companies remained unchanged.
At the end of the day, shares and units of Tk 5 crore 23 lakh were traded in CSE. Shares and units worth Tk 110 million were traded on the previous working day.
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What are the main factors affecting stock market fluctuations in Bangladesh?
Interview between the Time.news Editor and Stock Market Expert
Time.news Editor (TNE): Welcome to Time.news! Today, we’re joined by Dr. Amina Zaman, a respected economist and stock market expert. Dr. Zaman, thank you for being here with us today.
Dr. Amina Zaman (DAZ): Thank you for having me. It’s a pleasure to be here.
TNE: Let’s dive right into the recent fluctuations in the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). Our readers are curious about what influenced the DSE index’s rise and the CSE index’s fall on November 20th.
DAZ: Certainly! The DSE’s slight increase of 2.60 points indicates a modest uptick in investor confidence, despite the overall decline in trading volumes. Meanwhile, the CSE’s index drop suggests varying market sentiments between these two exchanges, possibly influenced by sector-specific news or the performance of key stocks.
TNE: That’s interesting. You mentioned the decrease in transactions volume on both exchanges. In what ways can lower trading volumes impact market stability?
DAZ: Lower transaction volumes can lead to increased volatility. When fewer trades occur, prices can be more susceptible to sharp fluctuations caused by even small trades. This can create an environment of uncertainty for investors, which may further discourage trading. It’s essential to keep an eye on volume trends moving forward to gauge market health.
TNE: You pointed out that the share prices of most companies fell in tandem with this decrease in trading amount. What factors typically drive such widespread price declines?
DAZ: There are several factors at play. Broader economic indicators—like inflation rates or changes in interest rates—can impact investor behavior. Additionally, investor sentiment, influenced by news cycles or geopolitical events, plays a pivotal role. If investors perceive instability or anticipate downturns, they may sell off shares, leading to decreased prices.
TNE: It’s evident from the DSE data that while the main DSEX index increased, other indices like the DS30 decreased. What does this tell us about market dynamics?
DAZ: This is a crucial observation. The divergence often indicates that the broader market is not uniformly healthy. The DSEX’s rise suggests some resilience among larger stocks, while the DS30’s decline indicates struggles within a set of select high-performing firms. This mixed signal can reflect both strength in certain sectors and weakness in others.
TNE: With 113 companies reporting price increases but 183 experiencing declines, how should investors interpret this mixed performance?
DAZ: Investors should approach this with caution. The significant number of declining stocks relative to those that are rising suggests a prevailing bearish sentiment. Diversification remains key; investors might consider focusing on stable sectors that continue to show resilience while reevaluating their positions in more volatile stocks.
TNE: Lastly, looking ahead, what advice would you give to our readers actively participating in the stock markets?
DAZ: Stay informed! Regularly review market trends, economic indicators, and company performance. Utilize analytical tools to assess investment risks, and don’t hesitate to seek advice from financial advisors if you’re unsure. Remember, volatility can create opportunities, but it’s important to be prepared and informed.
TNE: Thank you, Dr. Zaman, for sharing your insightful analysis and advice! We appreciate your time and expertise.
DAZ: Thank you for having me! It was wonderful discussing these vital issues with you.
TNE: And that wraps up today’s interview. Don’t forget to stay connected with Time.news for the latest developments in the stock market!