Price fall in large-cap drives stocks down

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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 48.93 points or 0.82 percent to 5,903.84, reports BSS.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 17.70 points to finish at 2,179.35 and the DSE Shariah Index (DSES) lost 5.62 points to close at 1,264.72.

Turnover, a crucial indicator of the market, decreased to Tk 9,990.14 million, which was Tk 12,439.89 million at the previous session of the week.

Out of 398 issues traded, 275 declined, 91 advanced and 32 remained unchanged on the DSE trading floor.

GP topped the turnover chart, followed by BRACBANK, HEIDLBCEM, UNILEVERCL and SQURPHARMA.

DBH was the day's top gainer, posting 9.86 percent gain while DELTALIFE was the worst loser, losing 5 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 110.47 points to settle at 17,031.57 and the Selective Categories Index - CSCX shedding 66.18 points to close at 10,259.09.

Of the issues traded, 180 declined, 55 advanced and 12 issues remained unchanged on the CSE.

The port city's bourse traded 40.91 lakh shares and mutual fund units with turnover value worth about Tk 10.75 crore.