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The price drop in the stock market is not decreasing

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The price drop in the stock market is not decreasing

Continuous price decline in the country’s stock market. The share prices of most of the companies participating in the transaction are falling every day. On Monday, the DSEX index fell by 69 points to 5,898 points. This is the lowest in three years. 486 crore has been transacted. On the other hand, the overall index of the Chittagong Stock Exchange fell by 161 points.

The main index of the Dhaka stock market was positive at the beginning of trading on Monday. After that, the index increased by 24 points in the first 30 minutes. But in the last period, the main index decreased by 69.8 zero points due to the price fall of some companies. In this, the current position of the index is 5 thousand 898 points. Earlier, on May 25, 2021, the main index of DSE was 5 thousand 884 points. The index didn’t go down that much after that.

Share market expert Al Amin said, ‘If the ventures that are profitable in Bangladesh are listed more, LNC said, then the depth of the market will automatically increase. But then many big investors will be market-oriented. Our major problem is banking and capital market. But the bank is doing long term financing with short term deposits. But long-term financing was supposed to be done by the capital market.

Trading volume on the DSE also fell along with the index. The total transaction was 486 crore 67 lakh shares. Transactions decreased by Tk 28 crore compared to the previous working day.

Among the 396 companies and mutual funds that participated in the swap, 83 percent lost their share. Meanwhile, the share price of only 34 companies increased, 330 companies decreased and 32 companies remained unchanged.

The list of the most traded companies is Golden Son at first, Fu Wang Ceramics at second, and Golden Harvest Agro at third.

In terms of percentage rate increase, Asiatic Laboratories is first, People’s Leasing is second and Baraka Power is third.

On the other hand, the overall index of the Chittagong Stock Exchange decreased by 161.24 points. Shares worth Tk 12 crore 96 lakh were traded.



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