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15 July 2024

Business Insider Bangladesh

Price fall in large-cap drives stocks down

BI Desk || BusinessInsider

Published: 23:28, 19 November 2023   Update: 22:41, 20 November 2023
Price fall in large-cap drives stocks down

Photo: Collected

Country's both the bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)—on Sunday plunged due to mainly price fall in large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 16.17 points or 0.26 percent to 6,240.98.

Two other indices also ended lower with the DSE 30 Index, comprising blue chips, plunged 8.30 points to finish at 2,110.64 and the DSE Shariah Index (DSES) lost 5.52 points to close at 1,353.76, reports BSS.

Turnover, a crucial indicator of the market, decreased to Tk 4,338.67 million which was Tk 3,607.61 million at the previous session of the week.

Out of 308 issues traded, 113 declined, 34 advanced and 161 remained unchanged on the DSE trading floor.

FUWANGCER topped the turnover chart, followed by KPPL, CENTRALPHL, EASTERNINS and FUWANGFOOD.

FUWANGCER was the day's top gainer, posting 23.56 percent gain while ZEALBANGLA was the worst loser, losing 10 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 36.93 points to settle at 18,504.99 and the Selective Categories Index - CSCX- shedding 22.09 points to close at 11,067.75.

Of the issues traded, 58 declined, 24 advanced and 64 issues remained unchanged on the CSE trading floor.