Price fall in large-caps drives stocks down

Stock markets closed yesterday of the week with downward trend due mainly to price fall in large- cap securities, reports BSS.

The falling major sectors were textile, financial institutions, travel and leisure, telecommunication and insurance. A total of 176 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 20.37 points down at 5,443.81.

The Shariah DSES and the blue-chip DS30 also followed the same

trend with 4.56 points down at 1,260.66 and with

8.66 points down at 1,902.42.

The daily trade fell to 16.41 crore shares from Sunday’s 17.36 crore shares and the day’s trade value at DSE decreased to Tk 696.95 crore from Tk 804.33 crore of the previous session.

At DSE, out of the day’s 338 securities, prices of 84 securities closed higher against 214 losing issues.

The major gaining issues were CAPMIBBLMF, Intech, Fine Foods, KPCL and Global Insurance while the major losing companies were VFSTDL, NHFIL, Peninsula, BSCCL and Rupali Life.

KPCL topped the turnover list followed by Active Fine, Ifad Autos, UPGDCL and Saiham Tex.

The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 113.50 points down at 16,760.33.

At CSE, 244 issues were traded. Of those, 53 closed higher and 172 closed lower when 85.61 crore shares worth Tk 24.29 crore changed hands.

Earlier on Sunday, the market turnover and trade volume also declined in DSE as the turnover came down to Tk 804.33 core from the Thursday’s Tk 1064.85 crore while trade volume to 17.40 crore shares from previous session’s 22.14 crore shares.

 

Price fall in large-caps drives stocks down

Stock markets closed yesterday of the week with downward trend due mainly to price fall in large- cap securities, reports BSS. The falling major sectors were textile, financial institutions, travel and leisure, telecommunication and insurance. A total of 176 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 20.37 points down at 5,443.81. The Shariah DSES and the blue-chip DS30 also followed the same trend with 4.56 points down at 1,260.66 and with 8.66 points down at 1,902.42. The daily trade fell to 16.41 crore shares from Sundays 17.36 crore shares and the days trade value at DSE decreased to Tk 696.95 crore from Tk 804.33 crore of the previous session. At DSE, out of the days 338 securities, prices of 84 securities closed higher against 214 losing issues. The major gaining issues were CAPMIBBLMF, Intech, Fine Foods, KPCL and Global Insurance while the major losing companies were VFSTDL, NHFIL, Peninsula, BSCCL and Rupali Life. KPCL topped the turnover list followed by Active Fine, Ifad Autos, UPGDCL and Saiham Tex. The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 113.50 points down at 16,760.33. At CSE, 244 issues were traded. Of those, 53 closed higher and 172 closed lower when 85.61 crore shares worth Tk 24.29 crore changed hands. Earlier on Sunday, the market turnover and trade volume also declined in DSE as the turnover came down to Tk 804.33 core from the Thursdays Tk 1064.85 crore while trade volume to 17.40 crore shares from previous sessions 22.14 crore shares.