Dhaka, Thursday

25 April 2024

Business Insider Bangladesh

Price fall in large-cap drives stocks down

BI Desk || BusinessInsider

Published: 00:39, 2 April 2024  
Price fall in large-cap drives stocks down

Representational photo

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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 68.32 points or 1.17 percent to 5,761.38, reports BSS.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 13.96 points to finish at 2,007.34 and the DSE Shariah Index (DSES) lost 14.66 points to close at 1,251.65.

Turnover, a crucial indicator of the market, increased to Taka 4,688.21 million, which was Taka 4,670.03 million at the previous session of the week.

Out of 397 issues traded, 315 declined, 47 advanced and 35 remained unchanged on the DSE trading floor.

SPCERAMICS topped the turnover chart, followed by CENTRALPHL, FUWANGCER, ASIATICLAB and MALEKSPIN.

MERCINS was the day's top gainer, posting 4.98 percent gain while EMERALDOIL was the worst loser, losing 9.82 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 117.04 points to settle at 16,511.67 and the Selective Categories Index - CSCX shedding 72.29 points to close at 9,926.63.

Of the issues traded, 136 declined, 62 advanced and 18 issues remained unchanged on the CSE.

The port city's bourse traded 25.08 lakh shares and mutual fund units with turnover value worth about Taka 8.16 crore.