
Bangladesh’s stock market suffers continuous decline for 5th consecutive day
Staff Correspondent
The stock market remained in distress on the fifth and final trading day of the week, extending the downward trend witnessed over the past several days.
All indices in both the Dhaka and Chattogram bourses recorded losses, with the majority of listed companies seeing a decline in share prices.
On the Dhaka Stock Exchange (DSE), the benchmark index DSEX fell by 62 points. The Shariah-based DSES dropped by 16 points, while the blue-chip index DS30 shed 15 points.
Out of 398 traded companies, share prices increased for only 63, whereas 295 saw a decline, and 40 remained unchanged.
The slump affected companies across all categories — A, B, and Z. In particular, category ‘A’, which includes fundamentally strong companies with regular dividends, saw notable losses.
Among 219 companies in this category, only 29 gained in value, while 168 declined and 22 remained unchanged.
In DSE’s block market, shares of 24 companies worth Tk 9.8 crore were traded. Fine Foods topped the list with transactions worth Tk 5 crore.
The DSE recorded a total turnover of Tk 264 crore, slightly down from Tk 272 crore the previous day.
Heidelberg Materials Bangladesh led the gainers on the DSE, with its share price rising by 8.73 per cent, while NRB Bank faced the steepest decline, plunging by 9.80 per cent.
Decline Continues in Chattogram
A similar trend was observed in the Chattogram Stock Exchange (CSE), where the overall index dropped by 138 points.
Of the 194 companies that traded on the CSE, 38 saw gains, 138 experienced losses and 18 remained unchanged.
The CSE recorded a turnover of Tk 18 crore, up from Tk 10 crore the previous day.
Quasem Industries Limited topped the CSE gainers’ list with a 10 per cent price increase, while Aamra Networks Limited recorded the biggest loss, dropping by over 9.84 per cent.
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