Banks and insurance are the reasons for the rise of indicators and transactions in the capital market

Sharebarta24.com, Dhaka: Trading in the capital market ended on the fourth working day of the week with the upward trend of the index. Investors are relieved by the rise of the index for 3 consecutive working days. Analysts believe that the increase in the ratio of margin loans is the reason for the return of confidence among investors.

Similarly, on the third working day of the week, the rise in banks and insurance indicators and transactions are increasing. Meanwhile, in the lockdown, the capital market saw the rise of the index for the third day in a two-hour transaction scheduled in coordination with the bank’s time.

When the Corona epidemic broke out in the early stages of 2020, investment in the capital market plummeted. Fall was everyday. But this time, when the lockdown was announced in the second phase, there was panic at first, but now it is a normal transaction. Instead, investors at the time thought the lockdown would reduce transactions. The index will always fall. But out of that situation, the transaction came to an end on the third day.

On the other hand, the news of the lockdown to prevent coronavirus caused a big collapse in the capital market last Sunday (April 4). But the capital market has been on the rise since the days of lockdown. Like the first and second days of the lockdown, the third day today (Wednesday) also witnessed the rise of the capital market. On the same day, the main index of the Dhaka Stock Exchange (DSE) DSEX added half a hundred points. Other indices also rose on the day. At the same time, the amount of money transactions and the share and unit prices of most companies have increased.

It is learned that today, the main index of DSE, DSEX has risen by 55.95 points to 5 thousand 338.33 points. Among other DSE indices, the Shariah Index rose by 9.55 points and the DSE-30 Index by 22.92 points to 1214.18 points and 2011.19 points respectively. Today, 581 crore 99 lakh rupees has been traded on the DSE. Which is 63 crore 54 lakh more than the previous day. The previous day’s transaction was 508 crore 45 lakh.

Shares and units of 344 companies were traded on the DSE today. Among these companies, the share price increased by 199 or 56.75 percent, the share price decreased by 43 or 12.50 percent and the share and unit price of 102 or 29.75 percent remained unchanged. On the other hand, the overall index CASPI of the Chittagong Stock Exchange (CSE) rose by 162.12 points to 15,443.63 points. Today, 214 companies have participated in the transaction at CSE. Of these, the rates of 139 have increased, the rates of 22 have decreased and the rates of 53 have remained unchanged. Shares and units worth Tk 30.65 crore were traded on the CSE.


Source: Share Barta 24 by www.sharebarta24.com.

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