After a one-day break, the stock market is falling again. Most stocks lost their value at the beginning of the trading day on Tuesday. On the other hand, share trading increased due to selling pressure.
At 11 am, an hour after the start of trading at 10 am, more than 75 percent of shares were traded at the Dhaka Stock Exchange (DSE). The main price index DSEX lost 85 points to stand at 5,448 points. At that time, the index fell by 1.54 percent.
However, 17 minutes after the start of trading at 10 am, the index lost a maximum of 102 points and fell to 5,442 points. At that time, the index's rate of decline was 1.66 percent.
After this, when the purchase of some shares increased, the price of the shares increased, and at 10:26 am, the index rose 40 points from the previous low to 5,482 points.
However, as there was not enough buying interest to overcome the selling pressure, share prices and indices continued to decline. This trend continued until 11 am at the time of writing this report.
Investors are worried about the deepening crisis surrounding the Iranian aggression. Top executives at several of the country's top brokerage houses believe that the price drop is due to increased selling of shares in panic.