Price fall in large-cap drives stocks down

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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 66.73 points or 1.13 percent to 5,834.39, reports BSS.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 26.12 points to finish at 2,024.93 and the DSE Shariah Index (DSES) lost 17.86 points to close at 1,267.17.

Turnover, a crucial indicator of the market, decreased to Taka 4,455.37 million, which was Taka 5,803.36 million at the previous session of the week.

Out of 393 issues traded, 318 declined, 41 advanced and 34 remained unchanged on the DSE trading floor.

ASIATICLAB topped the turnover chart, followed by CENTRALPHL, LHBL, BESTHLDNG and GOLDENSON.

Rupali Life was the day's top gainer, posting 4.94 percent gain while LHBL was the worst loser, losing 7.96 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 168.13 points to settle at 16,704.12 and the Selective Categories Index - CSCX shedding 101.90 points to close at 10,028.39.

Of the issues traded, 157 declined, 37 advanced and 24 issues remained unchanged on the CSE.

The port city's bourse traded 34.48 lakh shares and mutual fund units with turnover value worth about Taka 16.28 crore.