Price fall in large-cap drives stocks further down

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

The DSEX, the key index of the Dhaka Stock Exchange (DSE), finally went down by nearly 30 points or 0.52 percent to settle at 5,661, reports BSS.

The blue-chip index DS30, a group of 30 prominent companies, also dropped almost 11 points to 2015 while the DSES Index, which represents Shariah-based companies, shed 8 points to 1,242.

Turnover, a crucial indicator of the market, stood at Tk 9.11 billion which was Tk 8.70 billion at the previous session of the week.

Most of the traded issues saw the price fall as out of 392 issues traded, 258 saw price erosion, 93 closed higher and 41 remained unchanged.

The Chittagong Stock Exchange (CSE) also ended lower with the CSE All Share Price Index - CASPI -losing 81 points to 16,232.