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Price fall in large-cap drives stocks further down

TBP Online
02 Oct 2024 17:18:27 | Update: 02 Oct 2024 17:18:27
Price fall in large-cap drives stocks further down

The country's bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - on Wednesday plunged further due to mainly price fall in large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 132.29 points or 2.37 per cent to 5,453.99. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 51.33 points to finish at 1,988.02 and the DSE Shariah Index (DSES) lost 32.52 points to close at 1,219.71.

Turnover, a crucial indicator of the market, increased to Tk 4,408.31 million, which was Tk 3,894.78 million in the previous session of the week, reports BSS.

Out of 398 issues traded, 347 declined, 29 advanced and 22 remained unchanged on the DSE trading floor.

GP topped the turnover chart, followed by LINDEBD, BRACBANK, SONALIANSH and ISLAMIBANK.

DSHGARME was the day's top gainer, posting a 9.96 per cent gain while FUWANGFOOD was the worst loser, losing 9.92 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 306.17 points to settle at 15,291.04 and the Selective Categories Index - CSCX shedding 187.24 points to close at 9,284.61.

Of the issues traded, 177 declined, 24 advanced and 15 issues remained unchanged on the CSE.

The port city's bourse traded 26.07 lakh shares and mutual fund units with a turnover value worth about Tk 5.96 crore.

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