Price fall in large-cap drives stocks further down

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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 4.83 points or 0.07 percent to 6,221.73, reports BSS.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 1.41 point to finish at 2,104.41 and the DSE Shariah Index (DSES) lost 1.03 point to close at 1,350.02.

Turnover, a crucial indicator of the market, decreased to Tk 3,454.13 million, which was Tk 4,428.56 million at the previous session of the week.

Out of 307 issues traded, 98 declined, 38 advanced and 171 remained unchanged on the DSE trading floor.

FUWANGGCER topped the turnover chart, followed by FUWANGFOOD, CENTEALPHL, KPPL and YPL.

KPPL was the day's top gainer, posting 9.95 percent gain while SAMORITA was the worst loser, losing 6.53 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 10.01 points to settle at 18,469.30 and the Selective Categories Index - CSCX shedding 6.21 points to close at 11,046.36.

Of the issues traded, 43 declined, 27 advanced and 61 issues remained unchanged on the CSE.

The port city's bourse traded 24.39 lakh shares and mutual fund units with turnover value worth about Tk 5.51 crore.