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Price fall in large-cap drives stocks down

Published : Wednesday, 5 June, 2024 at 5:38 PM  Count : 417

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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 23.16 points or 0.44 per cent to 5,224.37.

The benchmark index of the Dhaka Stock Exchange (DSE) fell on Wednesday after hiking for three consecutive days.
DSES, the index that represents the Shariah-based companies, dropped 7.22 points, or 0.63 percent, to 1,135.52.

But, the DSE 30 Index, comprising blue chips, closed the day 1.82 point down to finish at 1,854.38.

Turnover, a crucial indicator of the market, decreased to Tk 3,813.41 million which was Tk 5,930.33 million at the previous session of the week.

Out of 397 issues traded, 247 declined, 98 advanced and 52 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 28.11 points to settle at 14,942.83 and the Selective Categories Index - CSCX- shedding 19.74 points to close at 8,986.65.

Of the issues traded, 139 declined, 61 advanced and 29 issues remained unchanged on the CSE.
The port city's bourse traded 80.94 lakh shares and mutual fund units with turnover value worth about Tk 159.66 crore.



NY



Related topic   Subject:  Price fall   stocks down  


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