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India-Pakistan war impacts country's stock markets

Staff Reporter

Staff Reporter

The incident of India's attack on Pakistan has affected Bangladesh's stock markets, creating panic among investors. Due to this panic, there was a major decline in prices on Wednesday (May 7).

There was a significant drop in the index today at both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE). On this day, the number of transactions in both DSE and CSE decreased compared to the previous trading day. At the same time, the prices of shares and mutual fund units of most companies involved in trading on both stock markets have declined.

According to sources from DSE and CSE, at the end of the day, DSE's main index DSEX dropped by 149.30 points compared to the previous day, standing at 4,802 points. The DSE Shariah Index fell by 41.92 points to 1,047 points, and the DS30 Index decreased by 40.34 points to 1,797 points.

A total of 399 company shares and units were traded on the DSE. Among them, the prices of nine increased, 385 decreased, and five remained unchanged.

On Wednesday, shares and units worth Tk 516.64 crore were traded on the DSE. On the previous trading day, shares and units worth Tk 549.74 crore were traded.

On the other hand, at the Chittagong Stock Exchange (CSE), the CSCX index dropped by 157.28 points compared to the previous day, standing at 8,305 points. The overall CASPI index fell by 270.53 points to 13,590 points, the Shariah Index decreased by 18.85 points to 876 points, and the CSE-30 index dropped by 154.67 points to 11,569 points.

A total of 217 company shares and units were traded on the CSE. Among them, the prices of 20 increased, 187 decreased, and 10 remained unchanged.

At the CSE, shares and units worth Tk 6.52 crore were traded. On the previous trading day, shares and units worth Tk 11.88 crore were traded.

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