Price fall in large-cap drives stocks down

Country's both the bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)—on Tuesday plunged due to mainly price fall in large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 60.72 points or 1.13 percent to 5,269.53, reports BSS.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 20.89 points to finish at 1,88.86 and the DSE Shariah Index (DSES) lost 14.86 points to close at 1,151.55.

Turnover, a crucial indicator of the market, decreased to Tk 4,326.96 million, which was Taka 4,501.83 million at the previous session of the week.

Out of 397 issues traded, 340 declined, 25 advanced and 32 remained unchanged on the DSE trading floor.

TECHNODRUG was the day's top gainer, posting 9.98 percent gain while PADMALIFE was the worst loser, losing 10.26 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 132.19 points to settle at 15,141.39 and the Selective Categories Index - CSCX shedding 80.53 points to close at 9,121.12.

Of the issues traded, 165 declined, nine advanced and 20 issues remained unchanged on the CSE trading floor.

The port city's bourse traded 27.92 lakh shares and mutual fund units with turnover value worth Tk 9.58 crore.