The index rose 63 points, halting the fall as investors became active

The country's stock market came out of the downward trend today on Thursday due to the increase in the participation of institutional investors. Both valuations and transactions increased in limited-time transactions amid curfew relaxation. The price has stopped falling in the market. Trading in the stock market started on Wednesday after being closed for a few days due to the ongoing situation in the country. However, there was a big fall in the market.

In the continuation of the previous day, today's trading started with a fall in prices. Within the first 10 minutes of the start of trading at 11 am, the main index of the main stock market Dhaka Stock Exchange (DSE) DSEX fell by 40 points. Then the regulatory agencies became active to prevent the price fall. Institutional investors stepped in to prevent the market from falling in an attempt by the agency. It turns the index. At the end of the day, the DSEX increased by 62.81 points to 5,413.65 points.

Talking to the market participants, it is known that the state-owned investment company Investment Corporation of Bangladesh (ICB) has come forward to prevent the price drop today at the beginning of the transaction. Other institutional investors also become active when the index starts to turn around in the company's activity. Individual investors are also active. As a result, the price did not fall in the market.

The chief executive of a leading brokerage house told Prothom Alo, on condition of anonymity, that there was a kind of panic among the brokerage houses including investors after trading started on Wednesday due to the ongoing situation in the country. Today it has reduced to a great extent. For that reason, the participation of individual investors has also increased. Even though the Internet is not fully functional, many investors call and place purchase orders for shares.

The increase in investor participation in the market is reflected in the DSE figures. About 14 crore shares and mutual funds were exchanged in the Dhaka market today. The number of shares and mutual funds that changed hands on Wednesday was 4 crore 35 lakh. Accordingly, the number of shares and mutual fund units that changed hands today has increased three hundred times as compared to the previous day. The number of purchase orders has also increased. The number of purchase orders on DSE increased to about 1 lakh 17 thousand on Thursday. On Wednesday this number was 38 thousand. That is, the number of investors' purchase orders has also increased more than three times.

Out of 392 companies traded in Dhaka market today, 286 shares increased, 66 decreased and 40 remained unchanged. At the end of the day, the trading volume in the Dhaka market stood at Tk 497 crore, which is Tk 338 crore more than the previous day.

Today, well-founded companies play a major role in the growth of valuations and transactions on DSE. Beximco Pharma, British American Tobacco, Renata, Square Pharma, Grameenphone, Robi Aziata, Uttara Bank, Midland Bank, Navana Pharma and Orion Pharma contributed to the rise of the index on DSE. The DSEX index rose by around 28 points on the increase in share prices of these 10 companies. Apart from this, the top five traded companies were Square Pharma, Orion Pharma, Lavello, Agni Systems and Sea Pearl Beach Resort respectively.