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Price fall in large-cap drives stocks down

TBP Online
25 Mar 2024 17:00:04 | Update: 25 Mar 2024 17:00:04
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 66.73 points or 1.13 per cent to 5,834.39. 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 Tk 4,455.37 million, which was Tk 5,803.36 million at the previous session of the week, reports BSS.

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 per cent 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 Tk 16.28 crore.

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