Daily Market Commentary

DSE Market Commentary @ August 25, 2021.

  • Welcome to the trading at Dhaka Stock Exchange (DSE) which has begun today on Wednesday, August 25, 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.
  • The subscription date for Beximco Green-Sukuk Al Istisna, the first ever asset-backed securities by any private sector entity in Bangladesh—for eligible investors has been extended to 6 September. Earlier, its electronic subscription started on 16 August and continued till 23 August through the electronic subscription system of the stock exchange. But due to the lower subscription than the allotment for Initial Public Offering (IPO), the time for subscription has been extended, said Dhaka Stock Exchange (DSE) sources.
  • Today market started with a rising movement for first few minutes and crossed 6900 points mark. By 10:08 AM DSEX raised to 6922.75 points.
  • After 10:20 AM, market has seen a sharp fall till 10:31 AM and by then DSEX fall to 6907.41 points.
  • From 10:34 AM, market has experienced a gradual downtrend and by 11:16 AM DSEX fall to 6900.71 points.
  • Market bounced back moment later and continued to rise gradually. By 1:09 PM DSEX reached to 6919.08 points.
  • Moment later market started to fall drastically below 6900 points mark and by 1:45 PM DSEX fall to 6899.92 points.
  • Market continued to fall and by 2:24 PM DSEX fall to 6873.23 points.
  • Now 2:45 PM, after Post-Closing session, at the end of today’s (Wednesday, August 25, 2021) trading, DSEX, the prime index of the DSE, went down by 5.92025 points or -0.08599% to stand at 6878.75614 points.
  • At the end of today’s trading, Market Turnover has decreased and closed over Taka 2,500 crore range (Taka 25,707.67 mn). It has decreased by over Taka 192 crore (Taka 1,921.330 mn) , -6.95403% from previous day’s turnover of Taka  27,629 mn.
  • Today a total of 376 company’s shares were traded. Among which prices have increased for 152 companies, prices have decreased for 196 companies and 26 companies have seen its prices remained unchanged.
  • Today’s SECTORwise trading at DSE have seen again FINANCIAL INSTITUTION sector topped today’s market share followed by TEXTILE and INSURANCE sector.
  • BEXIMCO has topped the list for highest traded shares in terms of total traded value of Taka  873.0970 mn followed by ISLAMICFIN (Taka 860.1590 mn) and LANKABAFIN  (Taka 809.0980 mn).
  • MEGHNAPET and CVOPRL have topped the list of most % price change with 10% price increase followed by SHYAMPSUG (9.990%), IMAMBUTTON (9.971%) price increases.
  • Indices in the Dhaka Stock Exchange cooled down a bit after a record-breaking rally in the past few days while DSEX went down.
  • The market started off with an upward momentum but profit-taking tendency in the later session made an impact on the stock market and the market observed a slight correction to end in red trajectory.
  • The moderate correction was aggravated as the market had remained bullish for the last few weeks.
  • Sectoral performance depicted mixed trends while the large capitalized Fuel & Power, Engineering and Pharmaceuticals & Chemicals stocks observed selling pressure on the bourse today.

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

Till then Good Bye. Thank You.

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