The country’s stock market is returning to an upward trend. 1,654 crore was traded on DSE on the second working day of the week. Which is highest in last 16 months. And the main index DSEX increased by 41 points. Shares of 66 percent of the company have increased in price. On the other hand, the overall index of the Chittagong Stock Exchange increased by 187 points.
After lifting the floor price, the stock market of Dhaka is in a positive trend. The main index rose 45 points in the first 1 hour on Monday. After that, despite fluctuations, the DSEX index increased by 41.86 points at the end of the day. It is located at 6 thousand 322 points.
Trading volume on DSE rose along with the index. The total transaction was 1 thousand 654 crore 78 lakh shares of Tk. The transaction has increased by Tk 74 crore compared to the previous day.
Shares of 66 percent of the 397 companies and mutual funds that participated in the swap increased. Meanwhile, the share prices of 261 companies increased, 93 companies decreased and 41 companies remained unchanged.
Meanwhile, some weaker fundamental stocks are causing concern amid rising indices and trading. Therefore, investors should be aware of the investment advice of experts.
Capital market analyst Mahmud Hossain said that a cabal has increased prices by checking circulars and ordinary investors are losing out by seeing the price index. Scrutinizing who is increasing the volume like this is now very necessary.
Meanwhile, Orion Infusion is the first in the list of the most traded companies, BD Thai Aluminum is the second and Phu Wang Food is the third.
Global Islami Bank is the first in the list of price increase in terms of percentage, Standard Ceramics is the second and Bangladesh Lamps is in the third position.
On the other hand, the overall index of the Chittagong Stock Exchange increased by 187 points. It is located at 18 thousand 32 points. Shares of 19 crores and 13 lakhs of rupees were traded.