DSE is selling stocks on the day of big fall

Sharebarta24.com: In the third working day of the week in the capital market, the trading ended with a big drop in the index. From the beginning of the transaction, the share price of the bank-insurance company started falling, after an hour and a half, the share price of the financial sector also started falling in two sectors as well. The fall in share prices in these three sectors has spread fear and panic among investors. Suddenly, there was a rush to sell shares in all sectors. However, rumors of the sale of the bank’s shares spread in the market. Analysts believe that there has been a big drop in prices.

On this day, the main index of Dhaka Stock Exchange (DSE), the main capital market of the country, decreased by 6 points. The Chittagong Stock Exchange (CSE) index fell 153 points. Along with the index, the share prices of most companies have also declined.

Market participants say that after eight-nine days of continuous rise, the day’s trading starts with price correction. After a while, the banks are selling the shares of the broker. And the general investors started selling the shares in panic. As a result, the capital market has been traded through a big drop in prices.

On this day, 49 crore 57 lakh 2 thousand 932 shares were exchanged in a total of 38 companies on the Dhaka Stock Exchange (DSE), the main capital market of the country. Of these, shares of 52 companies rose, 300 fell and 24 remained unchanged.

The DSE’s main index, the DSEX, fell 6.55 points to 6,140 points on the day as most of the companies’ share prices fell. Apart from the main index, among other DSE indices, the Shariah index is down 22 points at 1,558 points and the DSE-30 index is down 23 points at 2,611 points.

The total transaction on the DSE was 2 thousand 98 crore 40 lakh 9 thousand rupees. The previous day’s transaction was 2 thousand 40 crore 53 lakh 41 thousand rupees. In other words, the transaction has increased a bit compared to the previous day. Lankabangla Finance shares were the most traded on the DSE today. In second place was Beximco Limited, in third place was Beximco Pharma.

It was followed by Paramount Textiles, Walton Hi-Tech Industries, British American Tobacco Limited, Lafarge Holcim, Saif Power, IPDC and Islamic Finance Limited.

On the other hand, the overall index of Chittagong Stock Exchange (CSE) CASPI decreased by 153 points and stood at 20,006 points. Of the 314 companies traded on the CSE, 72 rose. Share prices of 222 companies declined and those of 30 companies remained unchanged. 70 crore 24 lakh 14 thousand 394 rupees has been transacted in this market. The previous day’s transaction was 6 crore 43 lakh 49 thousand 580 rupees.

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

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