Price fall in large-caps drives stocks down

block

Economic Reporter :
Stock markets closed on Tuesday of the week with downward trend due mainly to price fall in large-cap securities.
The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 37.61 points down at 5,552.81. The Shariah DSES and the blue-chip DS30 also followed the same trend with 3.37 points down at 1,271.01 and with 9.34 points down at 1,950.33. The daily trade fell to 17.04 crore shares from Monday’s 18.41 crore shares. But the day’s trade value at DSE increased to Taka 716.99 crore from Taka 707.89 crore of the previous session.
At DSE, out of the day’s 334 securities, prices of 64 securities closed higher against 228 losing issues.
The major gaining issues were BSCCL, NHFIL, Intech, NAHEEACP and Northern while the major losing companies were Savar EFR, Tosrifa, Green Delta Mutual Fund, ATCSLGF and DBH1STMF.
KPCL topped the turnover list followed by Confidence Cement, BBS Cables and NAHEEACP.

block