Price fall in large-cap drives stocks down

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – today plunged due to mainly price fall in large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 5.65 points or 0.09 percent to 6,333.86. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 0.76 point to finish at 2,159.11 and the DSE Shariah Index (DSES) lost 1.99 points to close at 1,371.97.

Turnover, a crucial indicator of the market, decreased to Taka 6,268.74 million, which was Taka 6,771.52 million at the previous session of the week.

Out of 328 issues traded, 115 declined, 55 advanced and 158 remained unchanged on the DSE trading floor.

Fuwang Food topped the turnover chart, followed by Al-HAJTEX, SEAPEARL, Delta Life and KBPPWBIL.

AL-HAJTEX was the day’s top gainer, posting 9.99 percent gain while Meghna Insurance was the worst loser, losing 7.42 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index – CASPI -losing 15.73 points to settle at 18,701.34 and the Selective Categories Index – CSCX shedding 9.50 points to close at 11,179.05.

Of the issues traded, 72 declined, 46 advanced and 61 issues remained unchanged on the CSE.

The port city’s bourse traded 25.15 lakh shares and mutual fund units with turnover value worth about Taka 15.81 crore. (BSS)