Fall in prices on large-cap drives stock further slightly down

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Economic Reporter :
Dhaka Stock Exchange (DSE) slightly plunged further on Monday due mainly to price fall in large-cap securities. The DSE finished last four sessions upward.
The broader DSEX index of DSE finished the day 0.59 points lower at 4721.40. But the blue-chip DS30 and the Shariah DSES were marginally higher with 1.50 points up at 1765.30 and 0.87 point higher at 1127.46.
Out of 312 traded issues, 139 incurred loss when 136 closed with some gains.
Compared to the previous day, some major sectors were down because of higher selling while the demand side was comparatively weak. Out of 256 traded issues, 114 incurred loss when 114 closed with some gains.
The major losing sectors included engineering, insurance, pharmaceutical and chemical and textile while the most gaining sectors were IT and food and allied sectors.
Aamra Tech, Family Textile, Golden Son, National Tea Company and Desh Garments the top five advancing issues while Apollo Isphat, Prime Insurance, Wata Chemical, Northern Insurance and Evince Textile. BAT BC topped the turnover list followed by Beximco Pharma, Square Pharma, AB Bank and National Tubes.
The daily trade value was Taka 610.87 crore and the volume was 17.77 crore shares.
Chittagong Stock Exchange (CSE) finished the day slightly up with its major CASPI finishing the 4.59 points higher at 14,536.59. Out of the day’s 232 issues traded, 106 finished higher against 95 advancing and 31 static issues. The daily trade value rose to Taka 42.68 crore and the volume was 1.48 crore shares.
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