Indices, turnover decline in Dhaka, Chattogram stock markets

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Dhaka, March 3 - The stock markets in Dhaka and Chattogram faced another day of decline on Monday on the second trading session of the week, with key indices falling and trading volume dropping significantly across both bourses.

The main DSEX index of the Dhaka Stock Exchange (DSE) fell by 16 points.

Besides, Shariah-based DSES index fell by 4 points, while the DS30 index, which represents blue-chip stocks, declined by 5 points.

The total turnover at the DSE fell to Tk 381 crore, down from Tk 421 crore on the previous day. Due to this continuous two-day decline, total share and unit transactions have dropped to the Tk 300 crore range, the lowest in the past 15 days.

Out of 396 companies traded on the DSE, share prices increased for 98, declined for 230, and remained unchanged for 68.

Across different categories—A, B, and Z—the majority of shares experienced a downturn.

Among 37 mutual funds, only three saw price increases, while 16 declined, and 18 remained unchanged.

In the block market, a total of 23 companies traded 6.8 million shares worth Tk 22.25 crore. Prime Bank recorded the highest transaction in this segment, selling 5.4 million shares worth Tk 13.84 crore.

Despite the overall market downturn, the SME index in Dhaka saw a slight increase, rising by 4 points. However, the majority of SME stocks still experienced price drops. Among the 18 companies traded in this category, only two witnessed price gains, while 13 declined, and three remained unchanged.

Shinepukur Ceramics, which had the lowest trading volume in the previous session, saw a 9.94% price increase, making it the top gainer. On the other hand, Shurwid Industries Limited suffered a 6.5% decline, ranking as the worst performer.

Chattogram Also Faces Decline

Similar to Dhaka, the Chattogram Stock Exchange (CSE) also witnessed a downturn, with its overall index falling by 22 points.

Among the 215 companies traded on the CSE, share prices increased for 61, declined for 111, and remained unchanged for 43.

Along with the index drop, trading volume also fell at the CSE, with total transactions amounting to Tk 3.3 crore for the day, compared to Tk 5.16 crore in the previous session.

Anlima Yarn Dyeing Limited led the gainers at the CSE, with a 10% price increase, while Bangladesh General Insurance Company suffered the biggest loss, declining by 9.79%.

The consecutive declines in both markets reflect ongoing uncertainty among investors, with low trading volumes indicating a lack of confidence in market stability. - UNB