Stock market: First trading day of the week ends in decline

At the DSE, the benchmark DSEX index and the Shariah-based DSES index both dropped by 2 points. But the DS30 index, which tracks blue-chip stocks, gained 2 points.

UNB

Publisted at 7:19 PM, Sun Feb 16th, 2025

The stock market began the week with a decline, as indices fell on both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) on Sunday.

At the DSE, the benchmark DSEX index and the Shariah-based DSES index both dropped by 2 points. But the DS30 index, which tracks blue-chip stocks, gained 2 points.

Despite this, the majority of companies saw a decline in share prices.

Out of 409 companies traded on the DSE, 138 recorded price increases, 196 saw declines and 75 remained unchanged.

Sector-Wise Performance

Across all categories, the majority of companies experienced a drop in share prices:

A-category: 101 companies declined, 84 gained, and 45 remained unchanged.

B-category: 38 companies saw a decrease, 30 increased, and 11 were unchanged.

Z-category: 57 companies declined, 24 gained, and 19 remained unchanged out of 100 traded stocks.

Among mutual funds, most remained unchanged. Of the 37 mutual funds traded, 22 saw no change, 9 declined, and 6 registered gains.

Meanwhile, in government securities, 10 out of 11 declined, with only one recording a price increase. In the corporate bond segment, one out of four bonds increased in value, while two declined, and one remained stable.

Block Market & Trading Volume

The DSE block market recorded transactions of 16.70 crore across 27 companies, with 23 lakh shares exchanged. ACI Limited topped this segment, trading shares worth 4.19 crore, amounting to 2.69 lakh shares.

Despite the drop in indices, trading volume increased at the DSE. The total turnover stood at 415 crore, up from 401 crore in the previous trading session.

Top Gainers & Losers

BDCOM Online Limited topped the gainers’ list, with its share price rising 9.92% in a single day. Meanwhile, New Line Clothing Limited saw the sharpest drop, also by 9.92%.

CSE Performance

The CSE also ended the day in decline, with the overall index falling by 24 points. Of the 190 companies traded, 73 gained, 93 declined, and 24 remained unchanged.

Total turnover at the CSE stood at 4.5 crore. Far East Finance & Investment Limited emerged as the top gainer, rising 10%, while National Feed Mill Limited saw the steepest fall, declining by 10%.

Despite early optimism, both stock exchanges closed in the red, reflecting cautious sentiment among investors.

 

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