POST TIME: 19 February, 2019 00:00 00 AM / LAST MODIFIED: 18 February, 2019 09:30:32 PM
Price fall in large-caps drives stocks down
BSS, Dhaka

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 despite higher transactions. The falling major sectors were pharmaceuticals and chemicals, food and allied and textile. A total of 202 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 51.30 points down at 5,724.52.

The Shariah DSES and the blue-chip DS30 also followed the same trend with 10.06 points down at 1,304.71 and with 17.35 points down at 1,987.39.

The daily trade rose to 20.81 crore shares from Sunday’s 19.49 crore shares and the day’s trade value at DSE increased to Tk 891.67 crore from Tk 725.50 crore of the previous session.

At DSE, out of the day’s 347 securities, prices of 68 securities closed higher against 242 losing issues. The major gaining issues were Peninsula, S Alam Cold Storage, ICBSONALI1, KDSALTD and WMSHIPYARD. The major losing companies were Imam Button, Savar EFR, Sonargaon, Meghna Condense Milk and Meghna Pet. UPGDCL topped the turnover list followed by Fortune Shoes, BSCCL, Peninsula and AIL.

The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 112.43 points down at 17,541.60.

At CSE, 269 issues were traded. Of those, 69 closed higher and 177 closed lower when 94.29 lakh shares worth Tk 34.45 crore changed hands.