Dhaka,  Monday
06 May 2024

Price fall in large-cap drives stocks down

Staff Reporter 

Published: 09:41, 24 April 2024

Price fall in large-cap drives stocks down

Photo: Collected 

Both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – on Tuesday plunged due mainly to price fall in large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 41.26 points or 0.73 per cent to 5,633.61. 

The two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunging 3.48 points to finish at 1,980.43 and the DSE Shariah Index (DSES) losing 7.36 points to close at 1,235.73.

Turnover, a crucial indicator of the market, increased to Tk 5,975.61 million, which was Tk 5,749.24 million in the previous session of the week.

Out of the 396 issues traded, 310 declined, 50 advanced, and 36 remained unchanged on the DSE trading floor.

ASIATICLAB topped the turnover chart, followed by LOVELLO, GOLDENSON, ORIONINFU and BESTHLDNG. BDTHAIFOOD was the day's top gainer, posting 9.78 per cent gain while OAL was the worst loser, losing 9.09 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index – CASPI – losing 34.71 points to settle at 16,154.11 and the Selective Categories Index – CSCX – shedding 18.12 points to close at 9,719.46.

Of the issues traded, 145 declined, 43 advanced, and 27 issues remained unchanged on the CSE.

The port city bourse traded 55.87 lakh shares and mutual fund units with a turnover value of about Tk 15.70 crore.

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