Stocks see downward trend

Thu, September 20, 2018
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Stocks see downward trend
Published : 02 Jul 2018, 21:28:49
Stocks see downward trend
bbarta desk
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Stocks witnessed downward trend in the first day of the fiscal 2018-19 (FY19) on Monday due to price fall in large-cap securities.
 
DSEX, the broad index of the Dhaka Stock Exchange (DSE), lost 83.04 points to settle at 5,322.41. Two other indices maintained the same trend as DS30 index, comprising blue chips, shed 44.12 points to close at 1,915.82 and DSE Shariah index lost 16.02 points to settle at 1,247.77.
 
Turnover, a major indicator of the market, fell to Taka 784.75 crore from the Thursday’s Taka 801.40 crore. Trade volume increased to 16.42 crore from the Thursday’s 15.09 crore shares.
 
Out of 342 traded issues, 106 closed higher, 206 closed lower and 30 issues remained unchanged on the DSE trading floor.
 
Five top gainers on DSE were Aziz Pipes, Legacy Foot, Regent Textile, MHSML and HR Tex while PLFSL, KPPL, Queen South, Northern and Padma Life were the top five losers.
 
Chittagong Stock Exchange (CSE) also maintained a downward trend as the CSE All Share Price Index – CASPI – shed 168.61 points to finish at 16,389.89.
 
The CSE traded 87.83 lakh shares and mutual fund units worth more than Taka 42 crore in turnover.-BSS
 
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