Dhaka,   Wednesday 16 October 2024

DSE faces downturn for second consecutive day

SAT Online Desk

Published: 17:42, 15 October 2024

The Dhaka Stock Exchange (DSE), Bangladesh's primary capital market, saw a continued downturn in trading for the second consecutive day on Tuesday.

During the first one and a half hours of trading, the majority of companies experienced price declines. Out of 386 companies traded in the early session, shares of 201 companies fell, 93 companies showed gains, and 88 remained unchanged.

The DSEX, the main index of the DSE, dropped by 20.31 points to 5,353.22. The DSES Shariah index, which tracks Shariah-compliant companies, decreased by 3.36 points to 1,188.21, while the DS30 index, which focuses on blue-chip stocks, fell by 6.54 points to 1,962.97 during the first two hours of trading.

A total of Tk 167 crore worth of shares and units were transacted within this period.

On the previous day (Monday), the market also faced a significant decline. The DSEX closed down by 48.51 points at 5,373, with the DSES Shariah index dropping 14.29 points to 1,191.57, and the DS30 blue-chip index falling by 15 points to 1,969.52.

Monday's trading saw shares of 396 companies being traded, with 225 companies experiencing price drops, 119 gaining, and 52 remaining unchanged. Transactions on Monday totaled approximately Tk 350.73 crore.

 

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