Sharebarta24.com, Dhaka: The war in the capital market is going on around six thousand indices. Although there have been big transactions in the last few days in the house of six thousand Sujaks, there has been no improvement from this place. Despite a record number of transactions in the capital market on Sunday, the index fell below 6,000 on the second working day of the week. There is a psychological war going on in this place.
Investors question why the six-thousand index is not able to hold the market. Meanwhile, the uneasiness that appeared in the capital market on the day of the highest transaction in a decade turned into fear the next day. The major correction in the capital market was the fall in the price of about two and a half shares.
The capital market, which has been on a steady rise since April, is on the verge of losing its way after reaching the 6,000-point milestone. After being above 6,000 for three working days, the index came down to less than 6,000. After reaching six thousand points at the beginning of last week, psychological pressure was created among the investors. That pressure was exacerbated by the unstable index, as well as the massive increase in transactions on the day of the correction.
Due to this, investors could not be happy with the highest transaction on Sunday after the 2010 catastrophe. However, at the end of Monday’s transaction, the index returned a bit, and on the day of the fall, the transaction decreased, but you are looking for something positive.
Last January, the index rose by 5,909 points, causing unrest. And the money came down to five thousand 6 points at one stage in the three-month price correction. Later, from the first day of the lockdown on April 5, the capital market turned around. On May 30, the index stood at six thousand eight points. But the next two days the index fell below six thousand again.
After three working days, the index lost 62 points in one day on Monday after being above 6,000 points. Rumors that the market will be suspended before the lockdown starts from April 5, the capital market saw a higher price drop than on April 3. The turnover in the capital market on Sunday was Tk 2,069 crore. The index fell 15 points that day. The index started fluctuating after the start of trading on Monday. However, it has only rained since one o’clock in the afternoon. At one stage it decreased by 64 points. However, in the end, the capital market got back 22 points.
Source: Share Barta 24 by www.sharebarta24.com.
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