Price fall in large-cap drives stocks down

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 77.34 points or 1.26 percent to 6,079.06, reports BSS.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 23.56 points to finish at 2,091.05 and the DSE Shariah Index (DSES) lost 15.14 points to close at 1,337.14.

Turnover, a crucial indicator of the market, increased to Tk 8,806.17 million, which was Tk 8,709.07 million at the previous session of the week.

Out of 394 issues traded, 311 declined, 57 advanced and 26 remained unchanged on the DSE trading floor.

ORIONINFU topped the turnover chart, followed by BDTHAI, KBPPWBIL, Rupali Life and KPPL.

KPPL was the day's top gainer, posting 9.93 percent gain while GSPFINANCE was the worst loser, losing 10 percent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 265.90 points to settle at 17,286.23 and the Selective Categories Index - CSCX shedding 155 points to close at 10,354.72.

Of the issues traded, 208 declined, 48 advanced and 14 issues remained unchanged on the CSE.

The port city's bourse traded 62.84 lakh shares and mutual fund units with turnover value worth about Tk 13.97 crore.