Price fall in large-caps drives stocks down

Stock markets opened the week yesterday with downward trend due mainly to price fall in large-cap securities despite higher transactions, reports BSS.

The falling major sectors were textile, paper and printing, financial institutions and travel and leisure. A total of 168 securities of the large-cap group moved down due to lower activities.

The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 22.16 points down at 5,336.75. The Shariah DSES and the blue-chip DS30 also followed the same trend with 1.52 points down at 1,265.86 and with 11.61 points down at 1,895.16 respectively.

The daily trade rose to 21.25 crore shares from Thursday’s 18.65 crore shares and the day’s trade value at DSE increased to Tk 955.40 crore from Taka 852.97 crore of the previous session.

At the DSE, prices of 109 securities out of 339 closed higher against 207 losing issues.

The major gaining issues were Legacy Foot, KDSALTD, Safko Spinning, PTL and Doreen Power. The major losing companies were Modern Dying, BPML, PLFSL, EXIM1STMF and Peninsula.

BBS Cables topped the turnover list followed by UPGDCL, SKTRIMS, Doreen Power and Singer BD.

The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 61.32 points down at 16,452.42.

At the CSE, 253 issues were traded. Of those, 94 closed higher and 144 closed lower when 1.36 crore shares worth Tk 49.47 crore changed hands.

 

Price fall in large-caps drives stocks down

Stock markets opened the week yesterday with downward trend due mainly to price fall in large-cap securities despite higher transactions, reports BSS. The falling major sectors were textile, paper and printing, financial institutions and travel and leisure. A total of 168 securities of the large-cap group moved down due to lower activities. The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 22.16 points down at 5,336.75. The Shariah DSES and the blue-chip DS30 also followed the same trend with 1.52 points down at 1,265.86 and with 11.61 points down at 1,895.16 respectively. The daily trade rose to 21.25 crore shares from Thursdays 18.65 crore shares and the days trade value at DSE increased to Tk 955.40 crore from Taka 852.97 crore of the previous session. At the DSE, prices of 109 securities out of 339 closed higher against 207 losing issues. The major gaining issues were Legacy Foot, KDSALTD, Safko Spinning, PTL and Doreen Power. The major losing companies were Modern Dying, BPML, PLFSL, EXIM1STMF and Peninsula. BBS Cables topped the turnover list followed by UPGDCL, SKTRIMS, Doreen Power and Singer BD. The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 61.32 points down at 16,452.42. At the CSE, 253 issues were traded. Of those, 94 closed higher and 144 closed lower when 1.36 crore shares worth Tk 49.47 crore changed hands.