Price fall in large-caps drives stocks down

Price fall in large-caps drives stocks down
Published : 11 Apr 2018, 20:32:58
Price fall in large-caps drives stocks down
bbarta desk
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Stock markets closed on Wednesday with downward trend due to mainly price fall in large-cap securities.
The falling major sectors were textile and financial institutions. A total of 151 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 26.34 points down at 5,833.26. The Shariah DSES and the blue-chip DS30 also followed the same trend with 3.12 points down at 1,357.27 and with 4.78 points down at 2,190.88.
The daily trade fell to 15.41 crore shares from Tuesday's 23.65 crore shares and the day's trade value decreased to Taka 529.19 crore from Taka 710.97 crore of the previous session.
At DSE, out of the day's 336 securities, prices of 115 securities closed higher against 192 losing issues. 
The major gaining issues were Popular Life Insurance, Sonali Ansh, MERCINS, RENWICKJA and Monno Stafflers. The major losing companies were ANLIMAYARN, Makson Spinning, Regent Textile, CAN Textile and Miracle Industries.
Beximco topped the turnover list followed by Keya Cosmetics, Northern Jute, Monno Ceramics and Ifad Autos. 
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 80.64 points down at 18,011.28.
At CSE, 227 issues were traded. Of those, 61 closed higher and 143 closed lower when 99.78 lakh shares worth Taka 26.85 crore changed hands.-BSS

Editor : Bani Yasmin Hasi

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