Price fall in large-cap drives stocks further down

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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 14.42 points or 0.23 percent to 6,226.56, reports BSS.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 4.82 points to finish at 2,105.82 and the DSE Shariah Index (DSES) lost 2.71 points to close at 1,351.05.

Turnover, a crucial indicator of the market, increased to Tk 4,428.56 million, which was Taka 4,338.67 million at the previous session of the week.

Out of 294 issues traded, 124 declined, 19 advanced and 151 remained unchanged on the DSE trading floor.

CNATEX topped the turnover chart, followed by FUWANGCER, YPL, EMERALDOIL and CENTRALPHL.

OIMEX was the day's top gainer, posting 8.96 percent gain while EMERALDOIL was the worst loser, losing 9.23 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 25.68 points to settle at 18,479.31 and the Selective Categories Index - CSCX shedding 15.18 points to close at 11,052.57.

Of the issues traded, 66 declined, 19 advanced and 47 issues remained unchanged on the CSE.

The port city's bourse traded 33.68 lakh shares and mutual fund units with turnover value worth about Tk 6.27 crore.