Stocks open week in red as major sectors dip

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BSS, Dhaka :
Stocks began the week on Sunday in red as the major sectors closed the session with falling trends at both the Dhaka and Chittagong Stock exchanges.
All the major sectors including bank, financial institutions and insurances, were down on the day while fuel and power, pharmaceutical and chemical, and services and real estate sectors managed some gains.
The broader DSEX index of DSE fell by 28.24 points at 5691.37.
The blue-chip DS30 and Shariah DSES also followed the same trend to close at 2083.91 and at 1301.67 respectively. CSE also closed the day with its major CASPI index 109.07 points down at 17,629.24.
The transactions at DSE were 20.06 core shares valued at total Taka 741.06 crore.
At DSE, out of the day’s 325 traded issues, price of 110 securities closed higher against 179 losing issues.
At CSE, issues traded were 233 while 72 closed higher against 134 closing lower.
The major gaining issues were Linde BD, AFC Agro, Active Fine, Saif Power and Al-Haj Textile.
The major losing issues were Islami Bank, Fareast Finance, AB Bank, Standard Insurance and Mercantile Insurance.
Lanka Bangla Finance topped the turnover leaders followed by Islami Bank, City Bank, IDLC and Ifad Autos.
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