Need a quick policy change in returning confidence
The unrest in the capital market is not cutting. Analysts now believe that there will be a quick policy change to bring back the cracks found in investors in the capital market.
On the first working day of the week, the transaction ended on Sunday with the major diversification of Dhaka Stock Exchange (DSE) index. The main index is DSEX 74 decimal 85 points and 583 points. In the six working days, the index has dropped by 270 points and the lowest position in the last six months is DSEX. Earlier, on August 20 last year, the DSEX index decreased by 5819 points.
When asked about this, capital market analyst and associate professor of Dhaka University, Mohammad Helal told the first light that ICB stocks were seen in the capital market due to political uncertainty starting from the sale. After some time the index was moving in one place. Investors thought there would be a change in policy. But there was no visible policy change. In the meantime, there was a negative impact on the market due to the formation of a smokehrajar partner.
Asked what steps can be taken to reassure the investors, Mohamed Helal said, the need for a quick visual policy change to overcome the fracture in confidence; Which will increase liquidity in the market. Besides, if the market increases due to demand then the confidence will come back in the investors.
Today the transaction is slightly lower than the previous working day, but it is less than usual. Today, DSE has been trading at Tk 384 crores. In the last working day, the transaction amount was 286.67 million taka Today, the exchange rate between mutual funds and mutual funds increased 67 points, decreased to 243 and 23 remained unchanged.
Companies that were at the top of the transaction today were Square Pharma, Unique Hotel, Eifad Autoz, Beximco Pharma, ACI, Pharma Aid, CVO Petrochemical, IDLC, Legacy Footwear and United Power Generation and Distribution Company Limited.
On the other hand, the Chittagong Stock Exchange (CSE) index decreased today. The overall index dropped 243 points. Total turnover has been 15 million and 20 million taka.
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