Stock markets open with decline in Dhaka and Chattogram

The week began on a bearish note for both the Dhaka and Chattogram stock exchanges as all major indices experienced a decline during the first hour of trading on Sunday.

Alongside the falling indices, the prices of the majority of listed companies also dropped.

At the Dhaka Stock Exchange (DSE), the benchmark DSEX index fell by 10 points in early trading. Among the other indices, the Shariah-compliant DSES index dropped by 3 points, while the blue-chip DS30 index decreased by 7 points.

During the first hour, the DSE recorded a transaction value of Tk 72 crore.

Of the companies traded, 121 saw their share prices rise, 133 experienced a decline, and 103 remained unchanged.

Similarly, the Chattogram Stock Exchange (CSE) also witnessed a downward trend, with its overall index falling by 44 points. The CSE reported a total transaction value of Tk 71 lakh during the same period.

Of the traded companies, share prices rose for 21, declined for 16, and remained unchanged for 9.

Market analysts believe the decline in early trading reflects cautious investor sentiment amid ongoing economic uncertainties.