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POST TIME: 7 March, 2019 00:00 00 AM
Stocks witness flat as major sectors plunge
BSS, Dhaka

Stocks witness flat as major sectors plunge

Stock markets witnessed flat yesterday of the week due to price fall in large-cap

securities.

The falling major

sectors were food and allied, pharmaceutical and chemical. A total of 137 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 1.10 points down at 5,686.38. The Shariah DSES and the blue-chip DS30 also followed the same trend with 0.52 point down at 1,303.68 and with 2.77 points down at 1,993.13.

The daily trade fell to 12.37 crore shares from Tuesday’s 12.01 crore shares and the day’s trade value at DSE decreased to Tk 568.87 crore from Tk 575.19 crore of the previous session.

At DSE, out of the day’s 346 securities, prices of 115 securities closed higher against 180 losing issues.

The major gaining issues were PF1STMF, Takaful Insurance, SKTRIMS, Rupali Bank and Provati Insurance. The major losing companies were Savar EFR, Meghan Pet, Meghna Condense Milk, Imam Button and Premier Bank.

Monno Ceramics topped the turnover list followed by Singer BD, UPGDCL, AIL and BSCCL.

The Chittagong Stock Exchange (CSE) closed the day of the week with slightly upward trend with its major CASPI 19.44 points up at 17,422.32.

At CSE, 246 issues were traded. Of those, 93 closed higher and 118 closed lower when  66.01 crore shares worth Tk 19.53 crore changed hands.