Monday | 13 January 2025 | Reg No- 06
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Monday | 13 January 2025 | Epaper

Stocks edge down as small investors go for cash after Puja vacation

Published : Tuesday, 15 October, 2024 at 12:00 AM  Count : 124
Indices on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) as the dominant small investors sold their shares for cash after five-day vacations on the weekend and the biggest Hindu festival Durga Puja.

Brokers said, the small investors were in need of cash as most of them incurred extra expenses on festival and travels to their village homes and tourists spots across the country during the vacation.

UNB adds: The DSE experienced a slight reduction in trading volume on Monday, the first working day of the week after the Durga Puja holiday, as the prices of most companies fell. Out of 396 companies traded, the prices of 225 declined, 119 increased, while 52 remained unchanged.

By the close of trading, the benchmark index DSEX had dropped by 48.51 points, settling at 5,373 points. The DSES Shariah Index saw a decrease of 14.29 points, ending at 1,191.57, and the DS30 Blue Chip Index fell by 15 points to close at 1,969.52.
Over at the CSE, the CASPI index recorded a marginal drop of 0.26 points, closing at 15,094.79 points. 

A total of 192 companies were traded, with 84 seeing price increases, 85 experiencing declines, and 23 remaining unchanged. The total value of shares and units traded at the CSE was Tk 9.30 crore, up from Tk 8.31 crore on the previous trading day.


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