After one working day, the share price of the insurance company fell again in the country’s stock market. In this, more companies have been placed in the list of price increase than price decrease. However, the volume of transactions has increased.
The main stock market Dhaka Stock Exchange (DSE) rose on Monday, the second working day of the week. However, a large number of companies have signed up to the price reduction list. Besides, the transaction in the market has increased to about 600 crore rupees. In the Chittagong Stock Exchange (CSE), another stock market, transactions have also increased along with the increase in prices.
Earlier, on the first day of the second phase of blockade called by BNP and Jamaat-e-Islami, the share prices of almost all insurance companies rose in the stock market on Sunday. A large number of companies have been placed on the list of price hikes. As a result the value increases.
In this situation, the share price of almost all insurance companies increased at the beginning of trading on Monday. Which has a positive impact on other sectors as well. As a result, most of the companies are on the list of price increase. At one stage of the transaction, the main index of DSE increased by 8 points.
However, at the end of the transaction, the share price of one insurance company fell. It has a negative impact on other sectors as well. As a result, at the end of the day’s trading, the price list is larger than the price increase. At the end of the day’s trading in DSE, all sectors have entered the list of 66 companies’ share and unit price increase in DSE. On the contrary, the price of 87 has decreased. And the price of 162 remains unchanged. There are only 6 insurance companies among the institutions in the list of price hikes. On the contrary, the price has decreased by 40.
Read more>> DSE Chairman hopes to have dynamic stock market in smart Bangladesh
Despite the decline in the share prices of most companies, the main index of DSE, DSEX, rose by 2 points to 6,277 points. Among the other two indices, DSE Shariah rose by 2 points to 1,362 points compared to the previous day. However, the DSE-30 index, which consists of 30 well-chosen companies, is down by 8 points at 2,133 points compared to the previous day.
Along with the rise in major indices, the volume of transactions on DSE also increased. 595 crore 76 lakh taka was traded in the market throughout the day. The previous day, the transaction was 470 crore 59 lakh taka. Accordingly, the transaction has increased by 125 crore 17 lakh taka.
Shares of Deshbandhu Polymer were the most traded in the market in terms of Rs. The shares of the company have been traded worth 34 crores and 94 rupees. The shares of Fu-Wang Food, which is in the second place, were traded worth Tk 31.69 million. Emerald Oil is in the third position with a share transaction of Tk. 25 crores and 83 lakhs.
Besides, the list of top 10 companies in terms of transactions in DSE includes – Bangladesh Monospool, Beach Hatchery, Union Insurance, Gemini Sea Food, Sonali Ansh, Crystal Insurance and Khulna Printing and Packaging.
The other stock market Chittagong Stock Exchange (CSE) overall price index CASPI increased by 33 points. 53 of the 183 firms that participated in the market rose in price. In contrast, the prices of 41 decreased and 89 remained unchanged. 7 crores 59 lakhs have been transacted. 6 crore 4 lakh taka was traded the previous day.
MAS/EA/GKS
