Price fall in large-caps drives stocks down

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Economic Reporter :
Stock markets closed on Monday of the week with downward trend due mainly to price fall in large-cap securities. The falling major sectors were insurance and food and allied. A total of 174 securities of the large-cap group moved down due to lower activities. The broader DSEX index of the Dhaka Stock Exchange (DSE) closed the day with 35.23 points down at 5,904.23. But, the Shariah DSES and the blue-chip DS30 closed the day with 7.18 points up at 1,329.45 and with 3.25 points up at 2,046.77 respectively.
The daily trade fell to 27.64 crore shares from Sunday’s 37.92 crore shares and the day’s trade value at the DSE decreased to Taka 1,009.55 crore from Taka 1,198.57 crore of the previous session. At the DSE, prices of 105 securities out of the day’s 345 closed higher against 213 losing issues.
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