Stock markets see fall for 4 days amid huge selling pressure

DSE, CSE Logos

Dhaka, July 25 -The country’s stock markets witnessed a fall in share prices of different companies for four consecutive working days due to huge pressure of share selling.

The Dhaka Stock Exchange (DSE) lost 6 points while the Chittagong Stock Exchange lost 12 points on Tuesday, showing a fall of both the capital markets.

Share prices of most of the companies fell against the rise in the price along with the index. As a result, the stock market fell for four consecutive working days. But before that, there was an upswing in the capital market last Wednesday.

According to DSE data, a total of 13, 65, 76,957 shares and units of 358 companies were exchanged in the market on Tuesday. Around Tk660. 95 crore has been transacted for these shares trading.

Around Tk633.49 crore was traded the previous day. Transactions increased slightly on Tuesday than the previous day.

On this day, the prices of 49 companies' shares increased, 121 companies' prices decreased and 188 companies' prices remained unchanged.

The main index of DSE has decreased by 6.85 points from the previous day to 6,331 points. Among the other two indexes of the DSE, the DSE Shariah Index decreased by 1.35 points to 1,373 points. DS-30 index has decreased by 4.34 points to 2162 points.

At the Chittagong Stock Exchange (CSE), the main index decreased by 12.36 points to 18709 points. Shares and units of 190 companies were traded on CSE on Tuesday. Among them, the prices of 41 companies have increased, 73 companies have decreased and 76 companies' prices remained unchanged.

At the end of the day (Tuesday), Tk10.25 crore shares and units were traded in CSE. Around Tk 8.67 crore shares were traded on the previous day. - UNB