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17 April, 2019 00:00 00 AM
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Large-cap price fall drives stocks further down

BSS, Dhaka
Large-cap price fall drives stocks further down

Stock markets yesterday plunged further with downward trends of all major indices due mainly to price fall in large-cap securities.

The falling major sectors were pharmaceuticals and chemicals, financial institutions, bank, ceramics and food and allied. A total of 199 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 60.55 points down at 5,248.92. The Shariah DSES and the blue-chip DS30 also followed the same trend with 16.43 points down at 1,212.37 and with 24.54 points down at 1,876.81.

The day’s trade value at DSE decreased to Tk 269.91 crore from Monday’s Tk 296.02 crore. But, the daily trade rose to 6.57 crore shares from 5.91 crore shares of the previous session.

At DSE, out of the day’s 344 securities, prices of 59 securities closed higher against 253 losing issues.

The major gaining issues were Standard Ceramics, Premier Cement, NAHEEACP, Padma Oil and Sino Bangla. The major losing companies were RECKITTBEN, GSP Finance, Bank Asia, Monno Ceramics and Emerald Oil. Monno Ceramics topped the turnover list followed by Fortune, BSCCL, RCKITTBEN and Square Pharma.

The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 187.98 points down at 16,100.83.

At CSE, 218 issues were traded. Of those, 39 closed higher and 149 closed lower when 48.63 lakh shares worth Tk 11.56 crore changed hands.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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