Share prices of banking, insurance and textile sectors climb most in terms of closing prices
Published : 17 Apr 2025, 05:47 PM
The trading and indices at the Dhaka Stock Exchange (DSE) have seen a sharp decline over the past four days.
On Thursday, the DSEX fell by 8 points, down from 5,105 points.
In the first hour of transactions, the market gained 20 points, but it sustained a mixed trend as the day progressed, ending at 5,097 due to selling pressure at the close.
The DSEX index last went up on Apr 10 when it registered 5,205 points. The indice has continuously declined since then, producing an overall drop in the price index after mixed-trend transactions throughout the days.
Alongside the broad index, the throughput also fell as the DSE, the largest capital market in the country, had seen share transfers worth Tk 5.4 billion on Apr 10 before it shrunk to Tk 4.14 billion on Apr 13.
The capital market was closed on Monday due to the Bengali New Year celebrations. On Tuesday, shares worth Tk 4.46 billion changed hands, while it was Tk 4.96 billion on Wednesday.
The latest transaction was recorded at Tk 3.39 billion on Thursday, On Mar 27, during Ramadan, the DSE saw turnovers worth Tk 3.15 billion.
According to the DSE, of the 396 listed companies, the share prices of 124 companies rose, 190 fell while those of 82 other companies, including mutual funds, remained unchanged.
Share prices of banking, insurance and textile sectors climbed the most. The banking sector, however, contributes the most in the DSE trades, accounting for 18.58 percent of the trades that amount to Tk 596.6 million.
According to data from the DSE, the food and related sectors came in second in single-sector transactions. Shares in this sector changed hands for Tk 356.7 million, which is 11.11 percent of the DSE.
The shares of the pharmaceutical and chemical sectors, which finished third, changed hands for Tk 316.9 million. In terms of closing prices, Midland Bank, UCB and NRB Bank emerged as the top gainers on the DSE.