Price fall in large-cap drives stocks further down

Price fall in large-cap drives stocks further down
Published : 25 Sep 2017, 19:47:38
Price fall in large-cap drives stocks further down
bbarta desk
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Stock markets plunged further on Monday due to mainly price fall in large-cap securities. 
The falling major sectors were bank, insurance and tannery industries.
A total of 148 securities of the large-cap group moved down due to lower activities.
The border DSEX index of Dhaka Stock Exchange (DSE) closed the day with 59.08 points down at 6,106.25. The Shariah DSES and the blue-chip DS30 also followed the same trend with 8.60 points down at 1,357.60 and with 13.84 points down at 2,185.97.
The daily trade at DSE decreased to 21.32 crore shares from Sunday's 23.24 crore shares. But the day's trade value at DSE increased to Taka 666.17 crore from Taka 662.02 crore of the previous session.
At DSE, out of the day's 330 securities, prices of 108 securities closed higher against 180 losing issues.
The major gaining issues were BBS Cables, MBL1STMF, Apex Spinning, BBS and HR Tex while the major losing companies were Pubali Bank, SAVAREFR, Premier Bank, Apex Foot and Nitol Insurance. 
NBL topped the turnover list followed by Shahjalal Bank, BBS Cables, Jamuna Bank and IFIC. 
The Chittagong Stock Exchange (CSE) closed the day of the week with 
downward trend with its major CASPI 178.84 points down at 18,951.41.
At CSE, 244 issues were traded. Of those, 87 closed higher and 124 closed lower when 1.53 crore shares worth Taka 48.89 crore changed hands.-BSS

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