Saturday, 21 December, 2024
Amid discussions of potential reforms in the capital market following the fall of the Awami League government, investors are facing mounting financial losses due to the ongoing downturn.
After witnessing a decline of Tk 135 billion in market capitalization over the previous week’s five trading days, the market suffered an additional loss of Tk 105 billion in just the first two days of the current week.
On the first trading day, Sunday, the Dhaka Stock Exchange (DSE) index dropped by 83 points, followed by a further decline of 43 points on the second trading day.
Although the index decline on the second day was comparatively smaller than on the first day, investors faced nearly the same financial losses.
On Sunday, the market capitalisation decreased by slightly more than Tk 54.85 billion, while on the second day, it fell by just over Tk 52.43 billion.
The drop in the index of 176 points from the previous week resulted in a decrease in market capitalisation of Tk 135.05 billion, with the current week's two-day index decline of 127 points leading to a similar drop in capitalisation.
As a result of sustained losses, investor activity has waned, with many choosing to refrain from new investments. This has caused trade volumes to hover around Tk 30 billion for three consecutive trading days.
On Monday, shares worth Tk 36.66 billion were exchanged, slightly down from Tk 36.8 billion the previous day.
Amid this uncertainty, 53 companies saw their share prices rise, while 288 experienced declines, and shares of 55 companies remained unchanged from the previous day’s prices.
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Amid discussions of potential reforms in the capital market following the fall of the Awami League government, investors are facing mounting financial losses due to the ongoing downturn.
After witnessing a decline of Tk 135 billion in market capitalization over the previous week’s five trading days, the market suffered an additional loss of Tk 105 billion in just the first two days of the current week.
On the first trading day, Sunday, the Dhaka Stock Exchange (DSE) index dropped by 83 points, followed by a further decline of 43 points on the second trading day.
Although the index decline on the second day was comparatively smaller than on the first day, investors faced nearly the same financial losses.
On Sunday, the market capitalisation decreased by slightly more than Tk 54.85 billion, while on the second day, it fell by just over Tk 52.43 billion.
The drop in the index of 176 points from the previous week resulted in a decrease in market capitalisation of Tk 135.05 billion, with the current week's two-day index decline of 127 points leading to a similar drop in capitalisation.
As a result of sustained losses, investor activity has waned, with many choosing to refrain from new investments. This has caused trade volumes to hover around Tk 30 billion for three consecutive trading days.
On Monday, shares worth Tk 36.66 billion were exchanged, slightly down from Tk 36.8 billion the previous day.
Amid this uncertainty, 53 companies saw their share prices rise, while 288 experienced declines, and shares of 55 companies remained unchanged from the previous day’s prices.
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