Economy Desk: The country’s stock market is experiencing a buyer crisis, according to the On the one hand, there is a drought of transactions; on the other hand, most of the companies are on the list of price reductions. As a result, the value decreases.
As in the last few working days, on the second working day of the week, on Monday, there was a shortage of buyers in the stock market at the beginning of trading. In this way, the purchase order room of about 200 shares and units of the company has become empty.
In addition to emptying the buy-order house, orders are coming in to sell a large number of shares of these institutions at the lowest price of the day. As a result, those who have shares and units of these companies are not able to sell them.
Transactions are also slow due to such buyer crises. Only 30 crores of rupees were traded in the first half hour of trading on the Dhaka Stock Exchange (DSE).
Along with that, most of the companies have listed their names in the price reduction list. Shares and units of companies on the DSE rose more than twice as much as they fell. Still, the index is up.
On the other stock market, the Chittagong Stock Exchange (CSE), the index is up in the first half hour of trading. However, in this market too, the transactions are slow. And there are more companies on the list with price decreases than price increases.
On this day, trading in the stock market started with the reduction of share prices for most companies. As a result, the main index of the DSE decreased by 1 point after the start of trading. As the trading time progresses, the list of declines starts to grow. Along with that, the purchase order rooms of one company after another became empty.
As of 10:50 a.m., when this report was written, 46 companies had registered share and unit price increases on the DSE.On the contrary, the price of 91 has decreased. And the price of $88 remains unchanged. Among them, the purchase order room has become empty for 161 companies.
However, DSE’s main index increased by 3 points. Among the other two indices, the DSE-30 index fell by 25.2 points. And the DSE Shariah Index increased by 1 point. Until now, the DSE has traded 54 crore 56 lakh taka.
The overall index of Chittagong Stock Exchange (CSE) CASPI rose by 8 points. 47 lakhs were exchanged. Among the 33 companies that participated in the transaction, 14 rose, 9 fell, and 10 remained unchanged.
