The fourth trading day of the week, Wednesday, proved disappointing for investors as both indices and transactions declined in the Dhaka stock market.
While the indices dropped in Chattogram, transactions saw a slight increase.
At the end of Wednesday's trading session, the Dhaka Stock Exchange's (DSE) key index, DSEX, declined by 10 points.
The other two indices, the Shariah-based DSES and the blue-chip DS30, also fell by 9 points each.
Alongside the declining indices, transactions in the Dhaka market also saw a drop. While the turnover had exceeded Tk 599 crore on the third trading day, it fell to Tk 427 crore within a day.
Similar to Dhaka, the Chattogram Stock Exchange (CSE) experienced a decline in its overall index, which dropped by 61 points. But the trading volume increased slightly, surpassing Tk 6 crore from the previous Tk 5.99 crore.
Stock Performance
Most of the companies traded on the DSE saw a drop in their share prices. Out of 398 listed companies, the share prices of 103 increased, 228 declined and 67 remained unchanged.
Across different categories, most stocks in the A, B, and Z categories experienced a decline. Among the 37 mutual funds traded, six saw a price increase, 20 declined and 11 remained unchanged.
In the block market, 41 lakh shares from 24 companies were traded, amounting to Tk 23.32 crore. Beximco Pharmaceuticals led with 16 lakh shares sold at a total value of Tk 12 crore.
On the CSE, out of 182 companies, 52 saw an increase in their share prices, 105 declined and 25 remained unchanged.
Top Gainers and Losers
In the DSE, Intech Limited emerged as the top gainer with a 9.86 percent rise in its share price. On the other hand, Midland Bank PLC faced the biggest drop, losing over 9 percent in value.
Meanwhile, in Chattogram, EBL First Mutual Fund recorded the highest gain with a 10 percent increase, whereas Midland Bank PLC also led the losers’ list with a decline of more than 9 percent.
