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 14.81 points or 0.26 percent to 5,685.78, present, reports BSS.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 0.66 point to finish at 2,087.47 and the DSE Shariah Index (DSES) lost 3.90 points to close at 1,217.09.

Turnover, a crucial indicator of the market, increased to Tk 7,502.40 million, which was Tk 5,580.33 million at the previous session of the week.

Out of 395 issues traded, 231 declined, 131 advanced and 33 remained unchanged on the DSE trading floor.

OLYMPIC topped the turnover chart, followed by GP, ORIONPHARM, BRACBANK and MJLBD.

NATLIFEINS was the day's top gainer, posting 9.96 percent gain while ISLAMIBANK was the worst loser, losing 3.85 percent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 106.96 points to settle at 16,268.81 and the Selective Categories Index - CSCX shedding 64.42 points to close at 9,800.08.

Of the issues traded, 151 declined, 53 advanced and 15 issues remained unchanged on the CSE trading floor.

The port city's bourse traded 1.14 crore shares and mutual fund units with turnover value worth about Tk 222.90 crore.