Price fall in large-cap drives stocks down

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 46.15 points or 0.82 percent to 5,569.69, reports BSS.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 2.15 points to finish at 1,993.99 and the DSE Shariah Index (DSES) lost 12.36 points to close at 1,221.79.

Turnover, a crucial indicator of the market, increased to Taka 6,634.33 million which was Taka 6,139.51 million at the previous session of the week.

Out of 397 issues traded, 277 declined, 86 advanced and 34 remained unchanged on the DSE trading floor.

ASIATICLAB topped the turnover chart, followed by ORIONINFU, LOVELLO, MALEKSPIN and AIL.

JMISMDL was the day's top gainer, posting 9.99 percent gain while ASIAPACINS was the worst loser, losing 3.78 percent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 61.46 points to settle at 15,938.06 and the Selective Categories Index - CSCX- shedding 41.61 points to close at 9,594.86.

Of the issues traded, 120 declined, 78 advanced and 23 issues remained unchanged on the CSE.

The port city's bourse traded 1.42 crore shares and mutual fund units with turnover value worth about Tk 59.56 crore.