Price fall in large-cap drives stocks further down

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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 30.75 points or 0.57 percent to 5,316.33. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 2.21 points to finish at 1,965.54 and the DSE Shariah Index (DSES) lost 4.66 points to close at 1,187.91.

Turnover, a crucial indicator of the market, decreased to Taka 5,415.51 million, which was Taka 6,512.02 million at the previous session of the week.

Out of 395 issues traded, 246 declined, 97 advanced and 52 remained unchanged on the DSE trading floor.

AGNISYSL topped the turnover chart, followed by ORIONPHARM, BXPHARMA, GP and BESTHLDNG.

LEGACYFOOT was the day’s top gainer, posting 9.80 percent gain while PHARMAID was the worst loser, losing 9.31 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index – CASPI -losing 27.63 points to settle at 14,851.61 and the Selective Categories Index – CSCX shedding 13.16 points to close at 9,032.76.

Of the issues traded, 117 declined, 77 advanced and 21 issues remained unchanged on the CSE.

The port city’s bourse traded 2.43 million shares and mutual fund units with turnover value worth about Taka 50.39 million.(BSS)