Dhaka,  Friday
17 May 2024

Large-cap price fall drives stocks down

Staff Reporter 

Published: 08:20, 30 April 2024

Large-cap price fall drives stocks down

Photo : Collected

Both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – in the country plunged due mainly to the fall in the prices of large-cap securities on Monday.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 46.15 points or 0.82 per cent to 5,569.69. 

The two other indices also ended sharply lower, with the DSE 30 Index, comprising blue chips, plunging 2.15 points to finish at 1,993.99 and the DSE Shariah Index (DSES) losing 12.36 points to close at 1,221.79.

Turnover, a crucial indicator of the market, increased to Tk 6,634.33 million, which was Tk 6,139.51 million in the previous session of the week.
Out of 397 issues traded, 277 declined, 86 advanced, and 34 remained unchanged on the DSE trading floor.

ASIATICLAB topped the turnover chart, followed by ORIONINFU, LOVELLO, MALEKSPIN and AIL. JMISMDL was the day's top gainer, posting 9.99 per cent gain while ASIAPACINS was the worst loser, losing 3.78 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower, with the CSE All Share Price Index – CASPI – losing 61.46 points to settle at 15,938.06 and the Selective Categories Index – CSCX – shedding 41.61 points to close at 9,594.86.

Of the issues traded, 120 declined, 78 advanced, and 23 remained unchanged on the CSE.

The port city bourse traded 1.42 crore shares and mutual fund units with a turnover value of about Tk 59.56 crore.

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