Price fall in large-caps drives stocks down

Mon, November 19, 2018
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Price fall in large-caps drives stocks down
Published : 15 Oct 2018, 21:32:06
Price fall in large-caps drives stocks down
bbarta desk
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Stock markets closed on Monday with downward trend due mainly to price fall in large-cap securities.
 
The falling major sectors were cement, pharmaceutical and chemical, insurance and tannery industries. A total of 185 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 61.99 points down at 5,384.41. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 14.33 points down at 1,248.18 and with 23 points down at 1,899.92 respectively.
 
The daily trade fell to 11.63 crore shares from Sunday’s 15.47 crore shares and the day’s trade value at the DSE decreased to Taka 493.94 crore from Taka 576.62 crore of the previous session.
 
At the DSE, prices of 75 securities out of the day’s 339 closed higher against 227 losing issues.
 
The major gaining issues were Legacy Foot, SIMTEX, Monno Ceramics, Al Haj Tex and BD Auto Cars. The major losing companies were Meghna Cement, Imam
Button, Samata Leather, National Tubes and Intech.
 
KPCL topped the turnover list followed by Summit Power, UPGDCL, Shasha Denims and DSSL.
 
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 219.25 points down at 16,582.15.
 
At the CSE, 238 issues were traded. Of those, 47 closed higher and 177 closed lower when 72.31 lakh shares worth Taka 22.15 crore changed hands.-BSS
 
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