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Stock Market faces fourth day of downtrend
Dhaka Stock Exchange (DSE), the principal capital market of Bangladesh
Dhaka, Nov 20 - The Dhaka Stock Exchange (DSE), the principal capital market of Bangladesh, extended its downtrend for the fourth consecutive day during early trading on Wednesday.
In the first two hours of trading, shares and mutual funds worth Tk 172.3 crore were exchanged through 63,326 transactions, according to DSE data. This marked a significant decline from the same period on Tuesday, when trading volumes totaled Tk 224.3 crore.
A total of 373 companies traded on Wednesday morning. Among them, the prices of 140 companies increased, 153 declined, and 80 remained unchanged, reflecting a mixed sentiment among investors.
The DSEX, the DSE’s benchmark index, fell by 15.36 points, settling at 5,283.07. Meanwhile, the DSES Shariah index recorded a slight increase of 0.79 points to reach 1,154.73. However, the DS30 index, which tracks blue-chip stocks, dropped by 11.06 points to stand at 1,931.83.-UNB