Price fall in large-cap drives stocks further down

Price fall in large-cap drives stocks further down
Published : 10 Dec 2018, 19:36:49
Price fall in large-cap drives stocks further down
bbarta desk
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Stock markets closed the day of the week on Monday with downward trend due mainly to price fall in large-cap securities.
 
The falling major sectors were IT, textile, financial institutions, pharmaceutical and chemicals. A total of 143 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 10.53 points down at 5,295.70. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 2.27 points down at 1,219.78 and 5.98 points down at 1,849.70 respectively.
 
The daily trade fell to 12.68 crore shares from Sunday’s 12.70 crore shares. But, the day’s trade value at the DSE increased to Taka 567.68 crore from Taka 516.79 crore of the previous session.
 
At the DSE, prices of 110 securities out of the day’s 344 closed higher against 198 losing issues.
 
The major gaining issues were CAPMIBBLMF, GQ Ball Pen, JMISMDL, NTC and Kohinoor. The major losing companies were ISNLTD, MLDYEING, BIFC, IBP and
Sonargaon.
 
Wata Chemical topped the turnover list followed by Square Pharma, Pharma Aid, KPCL and NTC.
 
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 53.93 points down at 16,203.33.
 
At the CSE, 252 issues were traded. Of those, 66 closed higher and 158 closed lower when 76.75 lakh shares worth Taka 25.61 crore changed hands.-BSS
 
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