Stocks maintain downtrend as major sector dips
BSS
Both the stock markets were down further yesterday due to mainly price fall in large-cap securities despite higher transactions, reports BSS.
Among the falling major sectors were textile, food and allied and tannery industries. A total of 146 securities of the large-cap group incurred losses due to lower activities.
The major DSEX index of Dhaka Stock Exchange (DSE) closed the day with 1.97 points down at 6,104.27. The blue-chip DS30 and Shariah DSES also followed the same trend with 3.23 points down at 2,182.74 and with 2.14 points down at 1,355.46.
Out of 330 traded issues, 180 incurred loss when 113 closed with some gains. Most of the losing issues were from large-cap securities.
The days trade value at DSE increased to Tk 715.22 crore from Mondays Tk 666.17 crore and the daily trade also rose to 22.71 crore shares from 21.32 crore shares of the previous session.
The major gaining issues were Rupali Bank, Aamra Technology, Shahjalal Bank, Pubali Bank and ILFSL while the major losing issues were RN Spinning, Meghna Pet, Safko Spinning, Jute Spinning and Legacy Foot.
Shahjalal Bank topped the turnover list followed by Al Arafah Bank, Lanka Bangla Finance, Summit Power and BBS Cables.
Chittagong Stock Exchange (CSE) also finished yesterdays session in red with major CASPI index closing 12.96 points down at 18,938.45.
In CSE, out of the traded 248 issues, 83 advanced, 142 incurred loss and 23 remained static when 1.44 crore shares worth Tk 40.43 crore changed hands
