2024-04-27 05:03:13
The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) ended the week’s last business day on Thursday (April 25) with major declines in indices. On this day, the index rose at the beginning of trading in both the capital markets, but at the end of the day it turned downward. On this day, compared to the previous working day, the volume of transactions in DSE and CSE decreased slightly. Shares of most companies and units of mutual funds traded on both the stock exchanges fell.
According to DSE and CSE sources, the regulatory body Bangladesh Securities and Exchange Commission (BSEC) has set a new limit or circuit breaker to reduce the share price of listed companies on Wednesday (April 24) to prevent continuous price decline in the capital market. Under the new guidelines, companies’ share prices can fall by a maximum of 3 percent in a day. However, the maximum rate will remain as per earlier instructions.
Even after the BSEC has taken such a decision, the fall of the indices in the stock market cannot be prevented. Rather, this directive has prolonged the decline, according to the capital market. According to them, capital market investors and institutions will suffer more. As a result, investors are panicking.
As per the market review, trading started with rising index on this day. However, within 13 minutes of trading, the index turned into a bearish position. After the next 100 hours, the index fell by 96 points. Later, the downward trend of the index decreased slightly as the day progressed.
At the end of the day, the main index of DSE, DSEX, was down 60.48 points from the previous day at 5,518 points. The DSE Shariah index fell 12.29 points to 1,217 points and the DS30 index fell 10.17 points to 1,974 points.
A total of 396 shares and units of companies were traded on DSE. Among them, the share and unit prices of 69 companies increased, 300 decreased and 27 remained unchanged.
A total of Tk 511 crore 43 lakh shares and units were traded in DSE today. Shares and units worth Tk 602 crore and 74 lakh were traded on the previous working day.
On the other hand, Chittagong Stock Exchange (CSE) CSCX is down 100.27 points to 9 thousand 521 points. Overall index CASPI decreased by 164.43 points to 15 thousand 815 points, Sharia index decreased by 7.46 points to 1 thousand 40 points and CSE30 index decreased by 214.69 points to 12 thousand 118 points.
On the day, shares and units of 219 companies were traded on CSE. Among them, the share and unit prices of 33 companies increased, 161 decreased and 25 remained unchanged.
At the end of the day, shares and units worth Tk 11 crore were traded in CSE. Shares and units worth Tk 26 crore 7 lakh were traded on the previous working day.