Price fall in large-cap securities drives stocks further down

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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 39.94 points or 0.64 per cent to 6,175.25.

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 5.43 points to finish at 2,108.32, and the DSE Shariah Index (DSES) lost 5.26 points to close at 1,344.64.

Turnover, a crucial indicator of the market, decreased to Taka 7,936.80 million, which was Taka 9,815.53 million at the previous session of the week.

Out of 396 issues traded, 215 declined, 114 advanced, and 67 remained unchanged on the DSE trading floor.

CENTRALPHL topped the turnover chart, followed by FUWANGCER, FUWANGFOOD, BDTHAI and AFTABAUTO.

GQBALLPEN was the day's top gainer, posting a 9.98 per cent gain, while FAREASTLIF was the worst loser, losing 10 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower, with the CSE All Share Price Index CASPI losing 100.94 points to settle at 17,740.26 and the Selective Categories Index CSCX shedding 51.44 points to close at 10,640.43.

Of the issues traded, 146 declined, 77 advanced, and 28 issues remained unchanged on the CSE.

The port city's bourse traded 6.64 million (66.40 lakh) shares and mutual fund units with a turnover value of about Taka 163.4 million (16.34 crore).