The stock market continues to rise. Like the previous week, the last week also saw a big rise in the country’s stock market. The main price index of the Dhaka Stock Exchange (DSE) has risen above 4 percent due to increased demand from fundamental companies. The overall market capitalization has risen to over Rs 31,000 crore due to the large rise in the index. DSE has touched a record market capital of Tk 5 lakh crore. Which DSE could never achieve again.
The Bangladesh Securities and Exchange Commission (BSEC), the regulator of the stock market, on Tuesday directed companies investigating companies that have lost or gained more than 50 percent to be investigated. The next day, when the stock market fell, the regulator suspended the investigation order. The next day, on Wednesday, the stock market rose sharply. The stock market index continues to rise. At the same time, the participation of investors continues to increase.
The market capitalization of DSE stood at Tk 5,1,809 crore at the end of last week’s trading due to price hikes by most companies. Which was 4 lakh 80 thousand 260 crores on the last working day of the previous week. In other words, the market capitalization of DSE has increased by Tk 31,439 crore in one week.
Throughout this, the marketplaces capitalizations of DSE increases by Tk. 1 lakh 11 thousand crores in six consecutive weeks. The increase in market capitalization means that the share and unit prices of the listed companies have increased by that amount.
Meanwhile, DSEX, the main index of DSE, has increased by 26.54 points or 5.11 percent over the last week. The index rose 219.60 points, or 4.8 percent, in the previous week. The index also rose in the previous five weeks. The main index of DSE has increased by 1,038 points in the rise of seven consecutive weeks.
The DSE-30 index, which is made up of well-selected companies, has emerged even bigger than the main price index. Over the past week, the index has risen 17.61 points or 9.21 percent. The index rose 64.11 points, or 4.28 percent, in the previous week. The index also rose in the previous five weeks. The index rose 546 points in seven consecutive weeks.
The DSE Shariah Index, which is made up of companies operating on the basis of Islamic Shariah, has also risen for seven consecutive weeks. Last week, the index rose 56.56 points or 4.55 percent. The index has increased by 204 points in five weeks.
Although all the price indices have risen sharply, the shares and units of many companies have risen and fallen on the DSE in the past week. Throughout the week, 146 companies have registered for the price hike on the DSE. On the other hand, the price of 16 has come down. And the price of 50 remains unchanged.
The average turnover on the DSE on each working day of the week was Tk 1,06.5 crore. In the previous week, the average daily turnover was Tk 1,990.23 crore. In other words, the average transaction per working day has decreased by 121 crores 57 lakh taka or 8.11 percent.
The total turnover on the DSE during the last week was 9,343.29 crore. The previous week’s transaction was 9 thousand 951 crore 16 lakh. As a result, the total transaction has decreased by Tk 708.69 crore or 8.11 percent.
The A-group or good company accounted for 83.69 percent of the total turnover on the DSE last week. Group B also contributed 16.90 percent, Z group 92 percent, and N group 8.48 percent.