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 18.58
points or 0.29 percent to 6,296.99. Two other indices also ended lower with
the DSE 30 Index, comprising blue chips, plunged 6.03 points to finish at
2,142.78 and the DSE Shariah Index (DSES) lost 2.07 points to close at
1,369.03.

Turnover, a crucial indicator of the market, increased to Taka 4,188.73
million which was Taka 3,857.35 million at the previous session of the week.

Out of 324 issues traded, 132 declined, 37 advanced and 155 remained
unchanged on the DSE trading floor.

FUWANGFOOD topped the turnover chart, followed by KBPPWBIL, LEGACYFOOT,
DESHBANDHU and SEAPEARL.

AMBEEPHA was the day’s top gainer, posting 7.49 percent gain while
DESHBANDHU was the worst loser, losing 9.94 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE
All Share Price Index – CASPI -losing 39.60 points to settle at 18,622.95 and
the Selective Categories Index – CSCX shedding 23.34 points to close at
11,133.06.

Of the issues traded, 88 declined, 20 advanced and 50 issues remained
unchanged on the CSE trading floor.

The port city’s bourse traded 19.40 lakh shares and mutual fund units with
turnover value worth about Taka 6.67 crore. (BSS)