On Sunday(Jan.19), the first trading day of the week the index of the capital market was increased through adopting tactics. On the day, four state-owned banks invested in large capital shares including Grameenphone, Square Pharma and British American Tobacco Company Bangladesh. And that is why the Dhaka Stock Exchange (DSE) 's main index increases by 232 points. The Chittagong Stock Exchange (CSE) index raised by 877 points.
The rest of the companies are United Power Generation and Distribution Company, BRAC Bank, Islamic Bank, Berger Paints and Beximco Pharma.
These companies contributed to the growth of the 130 point index. Investors did not get back the lost capital on Sunday, despite the index's share price raised.
According to the DSE data, the index of the DSE on last January 6, the index was 4331 points. On that day, the share price of Grameenphone listed in the capital market was Taka 257. And after 12 days, the DSE index raised by 50 points to 4382. points. But Grameenphone's share price is Taka 263. That is, Grameenphone shares are still losing investors at by Taka 10.
Similarly, on January 6, the share price of Unique Hotel & Resort Company was Taka 45. On Sunday, January 19, the last transaction of that stock was at Taka 43. That is, the price of each share is still less by Taka 2.
Like these two companies, the index of big or small capital companies have increased. But the capital did not increase evenly with it. Because of this, the index is higher by 50 points on Sunday, January 19, but the capital of investors is still less than Taka 843 crore 75 lakh 69 thousand. That is, the index growth was abnormal. Because of this, investors’ capital did not rise.
A Securities investor Nurul Alam Siddiqui said there was an unusual rise in capital markets on Sunday. At Prime Minister's direction, four state-owned banks have bought shares of some companies. So the index has risen.
He said that there will be rise and fall in the capital market. So it is not right to intervene in the market. This reduces the confidence of investors in the market.
It should be noted that DSEX rose by 232 points on Sunday as a result of the Prime Minister's six initiatives. This is the highest index growth in the last 7 years. Due to increase of index and price of company shares the capital of the investors has increased 15 thousand 185 crore 73 lakh 33 thousand.