Dhaka Stock Exchange (DSE) Sees 7% Rise in Weekly Turnover After Two Months
For the first time in two months, the main capital market of the country, the Dhaka Stock Exchange (DSE), saw a slight recovery in its weekly transaction volume. Despite a decline in indices and the prices of most shares and units, weekly turnover increased by approximately 7% during the last week (October 26 to 30). However, the market capitalization of the DSE decreased by about BDT 6,000 crore (approx. 60 billion Taka) compared to the previous week.
Analysis of Weekly Transaction Trends (Turnover)
Market analysis reveals a trend of continuously decreasing turnover following a peak in early September, which was finally reversed in the last week of October:
In the most recently concluded week (October 26 to 30), the total turnover at the DSE stood at BDT 2,286.86 crore, representing an increase of BDT 148.15 crore, or approximately 7\%, compared to the previous week’s BDT 2,138.71 crore.
Market Movement and Indices
The majority of shares and units experienced a price decline, resulting in a downtrend across all DSE indices last week:
• DSEX (Key Index): Fell by 28 points to close at 5,122 points.
• DS30 Index: Dropped by 11 points to stand at 1,988 points.
• DSES Index (Shariah Index): Declined by 6 points to settle at 1,083 points.
Price Movement of Scrips
A review of weekly market prices shows that 392 companies’ shares and mutual fund units were traded on the DSE in the concluded week:
• Gainers: 177 companies saw their share prices rise.
• Losers: 179 companies saw their share prices fall.
• Unchanged: 36 companies’ prices remained unchanged.
