DSE records lowest trading volume in nine and a half months
Graphics: Agamir Somoy
The Dhaka Stock Exchange (DSE), the country’s main stock market, recorded its lowest trading volume of the year on Saturday (October 17).
Shares and units worth Tk 3.1738 billion were traded on the exchange that day. Previously, on December 29 last year, the DSE recorded a lower trading volume of Tk 3.0997 billion. Recently, trading activity has followed a downward trend alongside declines in the market index.
Stock exchange sources said the DSE’s benchmark index, DSEX, fell 19 points to 5,433 points on Saturday. The index had gained 23 points in the previous trading session. It also rose 20 points on Wednesday and four points on Tuesday. However, the index fell 46 points on Monday and 25 points on Sunday of the previous week.
Meanwhile, trading on the DSE declined by Tk 1.8231 billion on Saturday compared with the previous trading session. Shares and units worth Tk 4.9969 billion were traded on the exchange the previous day. Accordingly, trading volume fell by approximately 36.5 percent in a single day.
Of the 386 companies traded on the DSE that day, share prices rose for 96 companies, or 24.87 percent. In contrast, prices fell for 229 companies, or 59.33 percent. Share prices of 55 companies remained unchanged.
Meanwhile, shares and units worth Tk 75.8 million were traded on the Chittagong Stock Exchange (CSE) on Saturday. Of the 134 companies traded on the exchange that day, share prices rose for 61 companies, fell for 84 and remained unchanged for 11.
The CSE’s all share price index, CASPI, fell three points to 14,573 points.
In the previous trading session, the CSE index had declined by 61 points. Shares and units worth Tk 205.4 million were traded on the exchange that day.
