Price fall in large-cap drives stocks further down

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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 26.95 points or 0.51 percent to 5,220.19, reports BSS.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 9.52 points to finish at 1,867.99 and the DSE Shariah Index (DSES) lost 3.80 points to close at 1,142.85.

Turnover, a crucial indicator of the market, decreased to Tk 4,798.67 million, which was Taka 4,867.46 million at the previous session of the week.

Out of 395 issues traded, 255 declined, 92 advanced and 48 remained unchanged on the DSE trading floor.

LINDEBD topped the turnover chart, followed by SEAPEARL, CAPITECGBD, BATBC and RUPALILIFE.

SAMATALETH was the day's top gainer, posting 9.98 percent gain while APEXSPINN was the worst loser, losing 3 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 95.57 points to settle at 14,726.14 and the Selective Categories Index - CSCX shedding 60.04 points to close at 8,861.90.

Of the issues traded, 146 declined, 51 advanced and 24 issues remained unchanged on the CSE.

The port city's bourse traded 2.24 crore shares and mutual fund units with turnover value worth about Tk 21.20 crore.