Daily Market Commentary

DSE Market Commentary @ August 24, 2021.

  • Welcome to the trading at Dhaka Stock Exchange (DSE) which has begun today on Tuesday, August 24, 2021.
  • Today trading started at DSE with a upward movement from the beginning.
  • At DSE, trading has been ongoing with the following trading period: Pre-Opening Session from 9:45 AM to 10:00 AM, Continuous Session from 10:00 AM to 2:30 PM and Post-Closing Session from 2:30 PM to 2:45 PM.
  • Today market started with a rising movement for first few minutes and by 10:07 AM DSEX raised to 6879.83 points.
  • But moment later market started to fall and by 10:43 AM DSEX fall to 6858.97 points.
  • Market bounced back strongly moment later and continued to rise for nearly next one hour and by 11:38 AM DSEX raised to 6895.76 points.
  • After that market experienced few downs followed by a strong uptrend and by 1:12PM DSEX raised to all time high 6904.2 points.
  • After that market experienced some downward movement and by 2:18 PM DSEX fall to 6881.9 points.
  • Now 2:45 PM, after Post-Closing session, at the end of today’s (Tuesday, August 24, 2021.) trading, DSEX, the key index of DSE, charged up 22.26159 points or +0.3244% to end at 6884.67639 points on the bourse today.
  • At the end of today’s trading, Market Turnover has decreased and closed over Taka 2,760 crore range (Taka 27,629.000 mn). It has decreased by over Taka 11 crore (Taka 119.101 mn) , -0.42922% from previous day’s turnover of Taka  27748.101 mn.
  • Today a total of 376 company’s shares were traded. Among which prices have increased for 213 companies, prices have decreased for 131 companies and 32 companies have seen its prices remained unchanged.
  • Today’s SECTORwise trading at DSE have seen again TEXTILE sector topped today’s market share followed by FUEL & POWER sector.
  • BEXIMCO has topped the list for highest traded shares in terms of total traded value of Taka  1,876.2660 mn followed by BXPHARMA (Taka 953.7090 mn) and POWERGRID (Taka 614.3200 mn).

  • UNITEDFIN has topped the list of most % price change with 10% price increase followed by IPDC (9.971%), SHYAMPSUG (9.954%) price increases.
  • Shares at the Dhaka Stock Exchange (DSE) notched their third straight gain  yesterday as investors’ confidence in the market has remained solid.
  • Equity indices of the Dhaka Stock Exchange continued to scale new record highs as in-line earnings growth of listed companies and positive regulatory stances lifted investors’ views toward the market.
  • The key index of the exchange is on the rise as investors flocked to the market amid limited business opportunities because of the coronavirus  pandemic, lower deposit rates at banks and the lower ceiling on  investment in savings certificates.
  • The market capitalization of the Dhaka bourse has stood at the historically highest level of BDT 5,587.02 bn.
  • The low interest rate has turned to be a trigger for the stock market as investors are preferring to park their money in the bullying stock market.
  • The deposit rates offered by  banks fell drastically after the central bank capped it at 6 per cent in  April last year, owing to the huge excess liquidity in the banking  system. The DSEX has surged 60 per cent since the pandemic hit the country 17 months ago.

That’s  all  from  today’s market. See you on the next day.

Till then Good Bye. Thank You.

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