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Stock markets in Bangladesh reopen with decline after Eid holidays

Stock markets in Bangladesh reopen with decline after Eid holidays

Staff Correspondent

Trading on Bangladesh’s stock markets resumed on a downward trend on Saturday, following a 10-day closure for Eid-ul-Azha, with both the Dhaka and Chattogram bourses witnessing a fall in key indices and a majority of listed companies seeing price drops.

During the first hour of trading, the benchmark index of the Dhaka Stock Exchange (DSE) fell by 26 points.

The other two indices—the Shariah-based DSES and the blue-chip DS30—also declined by 8 points each.

Right from the opening, most shares on the DSE were in the red.

Out of the traded securities, prices fell for 212 companies, rose for 46, and remained unchanged for 50.

Turnover during the opening hour stood at Tk 30 crore.

Chattogram Stock Exchange (CSE) also opened on a similar note, with the overall index dropping by 44 points.

Out of the 17 companies that participated in early trading on the CSE, share prices rose for 7, declined for 8, and remained unchanged for 2.

CSE’s early turnover stood at approximately Tk 9 lakh in shares and units.

 

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