Price fall in large-caps drive stocks down

Tue, December 18, 2018
বাংলা সংস্করণ
Price fall in large-caps drive stocks down
Published : 28 Jan 2018, 18:25:26
Price fall in large-caps drive stocks down
bbarta desk
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Stock markets opened the week on Sunday with downward trend due mainly to price fall in large-cap securities. 
 
The falling major sectors were engineering, food and allied and tannery industry. A total of 211 securities of the large-cap group moved down due to lower activities.
 
"The investors are cautious for investing in the market as Bangladesh Bank is going to unveil the Monetary Policy Statement (MPS) for the second half (H2) of the financial year 2017-18 tomorrow," DSE former president Ahsanul Islam Titu told BSS today.
 
The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 71.08 points down at 6,144.72. The Shariah DSES and the blue-chip DS30 also followed the same trend with 17.89 points down at 1,413.55 and with 23.54 points down at 2,281.15.
 
The daily trade fell to 8.83 crore shares from Thursday's 10.74 crore shares and the day's trade value at DSE declined to Taka 359.28 crore from Taka 412.91 crore of the previous session.
 
At DSE, out of the day's 333 securities, prices of 35 securities closed higher against 268 losing issues. 
 
The major gaining issues were GSP Finance, Hwa Well Textile, ICBEPMF1ST, PRIME1ICBA and IFILISLF1. The major losing companies were National Polymer, Fine Foods, Legacy Foot, Berger PBL and Deshbandhu Polymer. 
 
Square Pharma topped the turnover list followed by Ifad Autos, SPCL, GP and PTL. 
 
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 114.24 points down at 18,967.67.
 
At CSE, 220 issues were traded. Of those, 25 closed higher and 179 closed lower when 2.72 crore shares worth Taka 62.89 lakh changed hands.-BSS
 
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