DSE market capital decreased by Tk 1 tr

Zarif Mahmud: Desperation spread among stock market investors as prices fell for the sixth straight day. Market capitalization has fallen by more than Tk 1 lakh crore in the six-day fall. Investors’ losses have been compounded by the fall in prices, which began after the fall of the government, which saw a jump in indices, share prices and transactions. After the share price continues to increase, they have invested in the hope of profit and now they are stuck.
The index was positive after 12 noon, with fluctuations at the start of Monday, the second working day of the week, amid a fall in prices that began on September 2. Like the previous few days, it fell at the end.

Finally, the main index of Dhaka Stock Exchange, DSEX, lost 49 points like the previous day and ended the transaction. The price decline started from September 2 and decreased by 174 points in six days. In this fall, the total value or market capitalization of all the shares listed in the market has decreased by Tk 1 lakh 3 thousand 872 crores.
At the end of the day, the index stood at 5,629 points. Investors who bought fresh shares after the index rallied 786 points in four business days after the fall of the government on August 5, have now suffered financial losses. Transactions have come down to Tk 621.35 crore, last August 11 which was Tk 2,100 crore. From September 2, the day when prices began to fall again was more than Tk 1,065 crore.
Out of the 399 listed companies, 307 lost their share, 67 rose against it and 25 traded at their previous price.
According to the transaction data of DSE, the banking sector as a single sector contributes the highest 18.58 percent to the total transactions. As a single sector, pharmaceutical and chemical sector contributed 17 percent. The contribution of the food and related sector at the third position was 12.37 percent. The main index of DSE along with the Shariah index DSES decreased by 6 points from the previous day to 1,215 points. And DSE-30 index lost 7 points to 2,092 points.
Loss-making company Miracle Industries has emerged as the top gainer on the DSE as a single company. Beacon Pharma, Envoy Textiles and National Tea Company completed transactions by touching the circuit breaker.
Deshbandhu Polymers, LoksaniShyampur Sugar, Libra Infusion, Newline Clothing, NRB Bank and CVO Petrochemicals were among the top ten gainers. The share prices of these companies increased from 5.85 percent to 8.37 percent.
Top decliners Rupali Life Insurance and SK Trims, which announced production shutdown from September 8, also lost by touching the circuit breaker.
United Commercial Bank, SEML FBSL Growth Fund, EBLNRB Mutual Fund, Coppertech Industries, Confidence Cement, Hami Industries, Prime Textiles and People’s Insurance were among the top ten losers. Share prices of these companies fell from 6.02 percent to 7.27 percent.