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2022-12-21 17:56:44

No relief at stock markets

Online Desk

No relief at stock markets

Small investors at the country’s two bourses are not getting relief as the share markets not functioning properly due to the inactiveness of the institutional investors.

Dhaka Stocks Exchange (DSE) ended its trading in the red terrain for six consecutive days, dragged down by the IT and insurance sector on Wednesday.

DSEX, the key index declined 27 points or 0.44 per cent at 6,198 points.  

The Shariah-based index DSES tumbled 8.06 points or 0.59 per cent to 1,355 points while the blue-chip index DS30 lost 6.43 points or 0.29 per cent to 2,193 points.

Turnover, another important indicator of the market was Tk 333 crore which was Tk 322 crore in the previous trading session.   

The shares of the newly listed firm Islami Commercial Insurance was the top gainer with a 10 per cent price hike. Its shares closed at Tk 17.6 at the end of the day’s session.

Of the issues traded, 9 advanced, 73 fell, and 203 remained unchanged.

On the other hand, the port city bourse, Chittagong Stock Exchange (CSE), also settled on red terrain with its two major indices – the selected indices (CSCX), and the all-share price index (CASPI) – declining by 45.75 points and 75.78 points respectively.

Out of the issues traded, 7 advanced, 52 declined, and 82 remained unchanged at the CSE. 

Bd-pratidin English/Golam Rosul

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