Price fall in large-cap drives stocks down

Stock markets opened the week down as major sectors closing the session with falling trend at both the Dhaka and Chittagong stock exchanges yesterday, reports BSS.
The falling major sectors included bank, textile, financial institutions and food and allied. A total of 175 securities of the large-cap group moved down due to lower activities.
The border DSEX index of Dhaka Stock Exchange (DSE) closed the day with 35.61 points down at 5700.79. The Shariah DSES and the blue-chip DS30 also followed the same trend with 8.45 points down at 1304.26 and with 14.63 points down at 2119.56.
The day’s trade value at DSE declined to Tk 777.23 crore from Thursday’s Tk 1016.44 crore and the daily trade fell to 23.23 crore shares from 25.73 crore shares of the previous session.
At DSE, out of the day’s 328 securities, prices of 86 securities closed higher against 214 losing issues.
Saif Power topped the turnover list followed by RSRM Steel, Beximco, Brac Bank and City Bank.
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 113.03 points down at 17,671.22.
At CSE, 237 issues were traded. Of those, 69 closed higher and 148 closed lower when 1.64 crore shares worth Tk 47.48 crore changed hands.

 

Price fall in large-cap drives stocks down

Stock markets opened the week down as major sectors closing the session with falling trend at both the Dhaka and Chittagong stock exchanges yesterday, reports BSS. The falling major sectors included bank, textile, financial institutions and food and allied. A total of 175 securities of the large-cap group moved down due to lower activities. The border DSEX index of Dhaka Stock Exchange (DSE) closed the day with 35.61 points down at 5700.79. The Shariah DSES and the blue-chip DS30 also followed the same trend with 8.45 points down at 1304.26 and with 14.63 points down at 2119.56. The days trade value at DSE declined to Tk 777.23 crore from Thursdays Tk 1016.44 crore and the daily trade fell to 23.23 crore shares from 25.73 crore shares of the previous session. At DSE, out of the days 328 securities, prices of 86 securities closed higher against 214 losing issues. Saif Power topped the turnover list followed by RSRM Steel, Beximco, Brac Bank and City Bank. The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 113.03 points down at 17,671.22. At CSE, 237 issues were traded. Of those, 69 closed higher and 148 closed lower when 1.64 crore shares worth Tk 47.48 crore changed hands.