DSE, CSE rise slightly for 3rd day

For the third consecutive working days of the week, the stock markets ended with a slight rise. The main indexes of both the stocks have risen on this day. At the same time, the amount of money transactions has increased.

The share and unit prices of most of the companies participating in the transaction remained unchanged, said sources in Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE).

Today the key index of the Dhaka Stock Exchange DSEX rose by 2 points to 3,961 points. Among other DSE indices, the Shariah Index rose by 1 point, the DSE-30 Index by 1 points and the CDSET by 1 point to 918 points, 1,326 points and 785 points respectively.

Shares and units of Tk 65.30 crore were traded at the DSE on Tuesday – up by Tk 3.76 crore from Tk 61.54 crore just a day ago. Of the 246 issues traded, 20 gained, 20 fell while 206 remained unchanged.

On the other hand, today the key index of the Chittagong Stock Exchange (CSE) CASPI rose by 4 points to 11,243 points. Shares and units of Tk 1.70 crore were traded at the CSE.

Among the 88 issues traded during the day, 16 gained, 12 declined and 60 remained unchanged.

Professor Abu Ahmed, a capital market expert, said that even though the stock market was re-launched, many investors were not yet active. So the amount of transactions is dwindling and ordinary investors have not yet regained confidence in the market. This year's proposed budget also did not provide anything new for the capital market. As a result, the index is not going up.