Stocks close down for fourth straight days

Sat, December 15, 2018
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Stocks close down for fourth straight days
Published : 20 Feb 2018, 18:01:47
Stocks close down for fourth straight days
bbarta desk
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Stock markets extended loss to maintain falling trend for the fourth consecutive days on Tuesday due to lower activities of the large-cap securities. 
The falling major sectors were ceramics, food and allied and textile.
A total of 147 securities of large-cap securities moved down due to lower activities. The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 31.21 points down at 5,909.03. 
The Shariah DSES and the blue-chip DS30 also followed the same trend with 10.43 points down at 1,379.45 and with 15.67 points down at 2,173.26.
The daily trade fell to 9.99 crore shares from Monday's 10.46 crore shares. But the day's trade value at DSE increased to Taka 391.43 crore from Monday's Taka 377.17 crore.
At DSE, out of the day's 336 securities, prices of 90 securities closed higher against 191 losing issues.
The major gaining issues were Renwick JA, Apex Foods, Apex Spinning, Takaful Insurance and Pharma Aid. 
The major losing companies were RAK Ceramics, Ban Gas, Fine Foods, Sonargaon Textile and Savar Refrigerator. Unique Hotel topped the turnover list followed by GP, Square Pharma, Lanka Bangla Finance and Fu Wang Foods. 
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 110.07 points down at 18,257.08.
At CSE, 230 issues were traded. Of those, 58 closed higher and 137 closed lower when 93.90 lakh shares worth Taka 51.13 crore changed hands.-BSS

Editor : Bani Yasmin Hasi

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