Even amid this dire pandemic situation and countrywide lockdown, the capital market has resumed with great enthusiasm. Stocks witnessed an upward trend and extended rally for the third straight week as many investors continued their buying spree on different sector securities despite maintaining strict lockdown to prevent coronavirus infection.
According to a report published in this daily on Sunday, DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), increased by 62.29 points or 1.01 percent to close at 6,212. DSEX added 160 points in the past three straight weeks. The Chattogram Stock Exchange (CSE) also saw a rapid growth with its selective category index (CSCX) gaining 116 points in the last week to close at 10,811 points.
Investors will need to keep a constant eye on the market and readjust their asset allocation
so that they can avoid any
potential future loss
These stats indicate that the investors are still investing in the shares and they are keeping the market stable and upward. Government and other officials concerned should now make sure that these trends and points collection continues. Investors should also invest wisely. Pharmaceuticals sector is the one where investors can invest as this sector can now thrive their business due to the growing demand for medicines and other health products. This sector will also create opportunities for new health products to arrive by targeting both the local and global markets.
However, we know that the current pandemic market is very unpredictable, as there is more selling pressure compared to buying. This can lead to lower prices of trade volumes anytime. Therefore, Investors will need to keep a constant eye on the market and readjust their asset allocation so that they can avoid any potential future loss.