Price fall in large-cap drives stocks further down

Sun, December 16, 2018
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Price fall in large-cap drives stocks further down
Published : 31 Jan 2018, 18:32:36
Price fall in large-cap drives stocks further down
bbarta desk
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Stock markets closed the session on Wednesday with downward trends due mainly to price fall in large-cap securities.
The falling major sectors were pharmaceuticals and chemicals, textiles and ceramics. A total of 221 securities of the large-cap group moved down due to lower activities.
The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 88.02 points down at 6,039.78. The Shariah DSES and the blue-chip DS30 also followed the same trend with 15.99 points down at 1,398.48 and with 28.05 points down at 2,238.95.
The day's trade value at DSE increased to Taka 472.28 crore from Tuesday's Taka 399.23 crore and the daily trade rose to 12.39 crore shares from 9.67 crore shares of the previous session. 
At DSE, out of the day's 335 securities, prices of 31 securities closed higher against 278 losing issues. 
The major gaining issues were BD Com, Eastern Lubricant, BD Auto Cars, Legacy Foot and Padma Oil. The major losing companies were Central PHL, GQ Ball Pen, MHSML, SP Ceramics and Sino Bangla. 
Olympic topped the turnover list followed by Square Pharma, Lanka Bangla Finance, GP and Ifad Autos. 
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 88.80 points down at 18,955.15.
At CSE, 232 issues were traded. Of those, 16 closed higher and 200 closed lower when 1.75 crore shares worth Taka 43.44 crore changed hands.-BSS

Editor : Bani Yasmin Hasi

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