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Price fall in large-cap drives stocks down

Published : Monday, 15 April, 2024 at 5:07 PM  Count : 324

Price fall in large-cap drives stocks down

Price fall in large-cap drives stocks down


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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 85.32 points or 1.45 percent to 5,778.77. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 17.48 points to finish at 2,014.89 and the DSE Shariah Index (DSES) lost 16.28 points to close at 1,266.02.

Turnover, a crucial indicator of the market, decreased to Tk 3,675.33 million, which was Tk 4,438.42 million at the previous session of the week, reports BSS.
Out of 395 issues traded, 336 declined, 32 advanced and 27 remained unchanged on the DSE trading floor.

FUWANGFOOD topped the turnover chart, followed by MALEKSPIN, KARNAPHULI, LOVELLO and SP Ceramics.

DESHBANDHU was the day's top gainer, posting 7.28 percent gain while ANLIMAYARN was the worst loser, losing 7.93 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 189.38 points to settle at 16,543.78 and the Selective Categories Index - CSCX shedding 114.03 points to close at 9,945.30.

Of the issues traded, 135 declined, 30 advanced and 14 issues remained unchanged on the CSE.
The port city's bourse traded 22.88 lakh shares and mutual fund units with turnover value worth about Tk 8.79 crore.


NY

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