
Stock market declines for second day as DSE, CSE see broad losses
Staff Correspondent
The country’s stock markets continued to face a downward trend for the second consecutive day of the week, with most companies witnessing a fall in share prices on both the Dhaka and Chattogram bourses.
At the end of Tuesday’s trading session, the benchmark index of the Dhaka Stock Exchange (DSEX) dropped by 33 points.
The Shariah-based DSES index shed 11 points, while the blue-chip index DS30 declined by 17 points.
Out of 396 companies that took part in the day’s trading on the DSE, share prices declined for 250 companies, while 82 saw price gains and 64 remained unchanged.
Prices fell across all three categories—A, B, and Z—with the majority of shares experiencing a downtrend. In the A category, which includes companies with a good dividend record, prices increased for 51 companies, declined for 139, and remained unchanged for 27.
In the block market, shares and units worth Tk 26 crore of 31 companies were traded. Bangladesh National Insurance Company led the segment with shares worth Tk 6 crore sold.
The total turnover at the Dhaka bourse stood at Tk 717 crore, down from the previous session’s Tk 805 crore.
Karnaphuli Insurance topped the DSE gainers’ list with an 8.30 percent price increase, while Uttara Finance and Investment Limited recorded the highest loss with a drop of more than 10 percent.
Chattogram Bourse Also Suffers Losses
The Chattogram Stock Exchange (CSE) also followed a similar trajectory, with its overall index falling by 65 points.
Of the 243 companies that traded at the CSE, 151 saw their share prices fall, 66 registered gains and 26 remained unchanged.
The total turnover at the CSE dropped to Tk 2.9 crore, significantly down from the previous session’s Tk 6.5 crore.
Aman Cotton topped the gainers at the CSE with a 10 percent price rise, while ICB AMCL Sonali Bank Limited First Mutual Fund fell to the bottom of the chart with a loss of more than 9 percent.
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