Decline in share market for six consecutive weeks, DSE loses Tk 35,000
Dhaka, February 26: The country's stock market has passed another week through the fall. Through this, the stock market remained in decline for six consecutive weeks. The Dhaka Stock Exchange (DSE), the main stock exchange, has lost about Tk 35,000 crore in market capitalization. However, despite the fall, the market capitalization has risen to over a thousand crore last week.
Although the market capitalization has risen to over Tk 1,000 crore, all the price indices have declined on the DSE over the past week. With that, the amount of transactions has decreased. Last week, the DSE's main price index fell above 1 percent. And the transaction has decreased by more than 34 percent.
At the end of last week's trading, DSE's market capitalization stood at Tk 4,66,955 crore. In the last working day of the previous week, it was Tk 4,65,658 crore. In other words, the market capitalization of DSE has increased by Tk 1,297 crore in one week.
In the previous week, the market capitalization decreased by Tk 4,052 crore. In the previous four weeks, it decreased by Tk 9,594 crore, Tk 4,708 crore, Tk 8,277 crore and Tk 9,420 crore. As a result, the DSE has lost Tk 36,051 crore.
In other words, the market capitalization of DSE has decreased by Tk 34,754 crore in six consecutive weeks. Increase or decrease in market capitalization means that the share and unit prices of listed companies have increased or decreased that amount collectively.
Meanwhile, the DSEX, the main index of the DSE, has declined by 59.60 points or 1.9 percent over the past week.
In the previous week, the index decreased by 9.3 points or 16 percent.
In the previous four weeks, it decreased by 162.65 points or 2.88 percent, 76.69 points or 1.34 percent, 111.82 points or 1.92 percent and 73.13 points or 1.24 percent.
In other words, the main price index of DSE has decreased by 493 points in six consecutive weeks.