Price fall in large-cap drives markets down

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Business Desk :
The index of the Dhaka Stock Exchange ended the day in the red on Sunday although it was on an upward trend in the first two hours of trading.
The DSEX, the benchmark index of the DSE, fell 6 points, or 0.86 per cent, to 7,085.
All banking stocks rose although most of the other shares fell. The higher demand for banking stocks saved the market from experiencing a big fall on sunday, according to market analysts.
At the DSE, 114 stocks advanced, 230 declined and 15 remained unchanged.
Turnover at the DSE increased 2 per cent from the previous day to Tk 1,785 crore.
Acme Pesticides topped the gainers’ list that rose 10 per cent followed by Sena Kalyan Insurance, First Securities Islami Bank, Standard Bank, and One Bank.
Beximco Ltd became the most traded stock with shares worth Tk 127 crore changing hands followed by IFIC Bank, One Bank, First Security Islami Bank, and NRB Commercial Bank.
Kattali Textile shed the most that dropped Tk 9.73 per cent followed by Matin Spinning, Jute Spinners, Saiham Cotton and Navana CNG.
The Chattogram Stock Exchange also fell on Sunday. The CASPI, the main index of the port city bourse, edged down 3 points, or 0.08 per cent, to 20,719.

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