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.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 77.08 points or 1.34 per cent to 5,686.69. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 22.77 points to finish at 1,984.57 and the DSE Shariah Index (DSES) lost 15.86 points to close at 1,246.56.

However, turnover, a crucial indicator of the market, increased to 5,225.10 million, which was 4,825.33 million at the previous session of the week.

Out of 395 issues traded, 342 declined, 30 advanced and 23 remained unchanged on the DSE trading floor.

ASIATICLAB topped the turnover chart, followed by BESTHLDNG, LOVELLO, AIL and GOLDENSON.

ASIATICLAB was the day's top gainer, posting 9.96 per cent gain while FAREASTFIN was the worst loser, losing 6.98 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 215.02 points to settle at 16,244.52 and the Selective Categories Index - CSCX shedding 130.91 points to close at 9,766.83.

Of the issues traded, 157 declined, 36 advanced and 18 issues remained unchanged on the CSE.

The port city's bourse traded 49.72 lakh shares and mutual fund units with turnover value worth about Tk 18.06 crore.