Daily Market Commentary

DSE Market Commentary @ July 6, 2021

  • On the second day of operation during nationwide strict lockdown, trading at Dhaka Stock Exchange (DSE) has been started with the new trading  time frame of 10:00 AM – 1:00 PM (with 9:45 AM – 10:00 AM as Pre-Opening session and 1:00 PM – 1:15 PM as Post Closing session).
  • During this nationwide strict lockdown, the country continues to reel from the second wave of the pandemic as COVID-19 cases and deaths are rising on a daily basis. Bangladesh have seen highest ever death cases of 164 deaths with a total of record 9,964 people tested positive for the COVID-19 virus in the 24 hours till 8:00am — the highest single-day tally in  Bangladesh, as per DGHS report.
  • Dhaka Stock Exchange has started with gradual dips after the very first minute of trading in the main bourse in the capital market of Bangladesh.
  • By 10:23 AM, DSEX has dipped to 6202.55 points, a 17.39146 points fall (-17.39146 points) from previous day’s value of 6219.94 points.
  • From 10:24 AM, market has tried to bounce back and continues to the rise for till 10:37 AM to reach 6234.71 points.
  • After 10:37 AM, the market trend at DSE has again started to fall slowly but moved partially sidewise till 10:48 AM with DSEX at 6229.9 points.
  • DSE has experienced sharp fall after 10:50 AM as almost all sectors in the market have turned RED and DSEX dropped to below 6200 points (6193.18 points) by 11:16 AM.
  • Market has again tried to bounce back as DSEX crossed the 6200 mark again to reach to 6215.37 points by 11:46 AM but started to fall again form the following minute.
  • It seems like there is enough sell pressure in the market as the trading behavior of people are supposed to be affected by the SCARY COVID-19 tally in the country.

  • It is 12:00 PM, almost 2 hours of today’s trading time has passed. Market is still falling gradually. DSEX is currently at 6205.65 points, still at -14.29146 points.
  • In this down trend market today, TEXTILE sector has been still the market leader so far with around 21% market share today (even though price decreased for majority of the Textile companies), followed by ENGINEERING sector.
  • 12:45 PM, 15 more minutes to go (apart from 15 minutes Post-Closing session up to 1:15 PM) for today’s trading at our capital market. DSE has still seeing a downtrend in today’s market movement.
  • DSEX has again fallen below 6200 points mark and currently at 6191.74310 Points. Its now at –28.19836 points,0.45335% from yesterday’s value.
  • The market turnover is now over Taka 1,500 crore (Tk. 15,406.824 mn).
  • It is 1:00 PM now; end of today’s scheduled trading. There will be 15 minutes more for Post-Closing session (upto 1:15 PM).
  • By 1:00 PM, DSEX has closed now at 6196.57423 points, a handsome -23.36723 points (-0.37568%) decreased than previous day’s value.
  • By 1:00 PM, Market Turnover has reached over Taka 1,700 crore .
  • Now 1:15 PM, after Post-Closing session, at the end of today’s (Monday, July 06, 2021) trading, DSE (Dhaka Stock Exchange) has ended RED with DSEX ended at 6196.57423  points (-23.36723 points, a -0.37568% lower than previous day).
  • At the end of today’s trading, Market Turnover has reached over Taka 1,700 crore (TK. 17897.443 mn) today which has also increased from yesterday’s value considering the SCARY COVID-19 tally in the country the 24 hours till 8:00am within the ongoing nationwide lockdown situation and limited trading time. It has increased by over Taka 238 crore (Tk. 2,382.568 mn), a 15.35667% increase form previous day’s turnover of Tk. 15514.875 mn.
  • Today a total of 374 company’s shares were traded. Among which prices have increased for 142 companies, prices have decreased for 224 companies and 8 companies have seen its prices remained unchanged.
  • It seems like, stocks fell today riding on the profit-booking tendency among investors while turnover of the market rose.
  • Today’s  SECTORwise trading at DSE have seen TEXTILE sector to be at top with around 20.60% of today’s market share followed by ENGINEERING sector.
DSEX Graph, July 6, 2021
  • BEXIMCO (Bangladesh Export Import Company Ltd.) has been topped with the highest traded value of Tk. 973.0970 mn.

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