Large-cap pulls bourses down

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Economic Reporter :
Country’s premier bourse, Dhaka Stock Exchange (DSE) registered a sharp fall on Monday amid the selling frenzy of risk-avert investors.
They liquidated their holdings in the large-cap sectors, especially engineering, textile, bank, telecom, pharma and financial institutions to escape any losses.
The broad index, DSEX closed in red at 4699.22 points on Monday with a loss of 53.42 points or 1.12 percent.
However, the market observed some buoyancy in ceramic and food sectors. In addition, trading activities has increased by 19 percent over the last session.
Besides, the two selective indices, DSE30 also declined by 19.41 points while the Shariah index, DSES decreased by 16.32 points to stand at 1648.94 points and 1074.53 points respectively.
On the DSE trading floor, a total number of 113,920 trades were executed in yesterday’s trading session with a trading volume of 117.68 million securities.
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