Price fall in large-caps drives stocks down

Price fall in large-caps drives stocks down
Published : 14 Nov 2018, 20:25:49
Price fall in large-caps drives stocks down
bbarta desk
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Stock markets closed on Wednesday of the week with downward trend due mainly to price fall in large-cap securities despite higher transactions.
The falling major sectors were textile, pharmaceuticals and chemicals and food and allied. A total of 106 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 13 points down at 5,245.59. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 6.36 points down at 1,206.80 and with 6.49 points down at 1,860.28 respectively.
The daily trade rose to 14.36 crore shares from Tuesday’s 12.09 crore shares and the day’s trade value at the DSE increased to Taka 631.61 crore from Taka 531.56 crore of the previous session.
At the DSE, prices of 138 securities out of the day’s 337 closed higher against 137 losing issues.
The major gaining issues were Central PHL, Fortune, SILVAPHL, IBP and Premier Cement. The major losing companies were Tosrifa, NFML, MHSML, Active
Fine and Meghna Petroleum.
UPGDCL topped the turnover list followed by KPCL, Monno Ceramics, Ifad Autos and SKTRIMS.
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 2.62 points down at 16,074.51.
At the CSE, 236 issues were traded. Of those, 106 closed higher and 102 closed lower when 90.15 crore shares worth Taka 25.90 crore changed hands.-BSS

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