Dhaka,  Saturday
18 January 2025

Price fall in large-cap drives stocks down 

Staff Reporter 

Published: 10:16, 26 March 2024

Update: 10:24, 26 March 2024

Price fall in large-cap drives stocks down 

Photo : Collected

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) plunged on Monday due mainly to the fall in the prices of large-cap securities. DSEX, the prime index of the DSE, went down by 66.73 points or 1.13 per cent to 5,834.39. 

Two other indices also ended sharply lower, with the DSE 30 Index comprising blue chips plunging 26.12 points to finish at 2,024.93 while the DSE Shariah Index (DSES) lost 17.86 points to close at 1,267.17.

The turnover, a crucial indicator of the market, decreased to Tk 4,455.37 million, which was Tk 5,803.36 million in the previous session of the week.

Out of the 393 issues traded, 318 declined, 41 advanced, and 34 remained unchanged on the DSE trading floor.

ASIATICLAB topped the turnover chart, followed by CENTRALPHL, LHBL, BESTHLDNG, and GOLDENSON.

Rupali Life was the day's top gainer, posting 4.94 per cent gain while LHBL was the worst loser, losing 7.96 per cent.

The CSE also ended sharply lower, with the CSE All Share Price Index – CASPI – losing 168.13 points to settle at 16,704.12 and the Selective Categories Index – CSCX – shedding 101.90 points to close at 10,028.39.

Of the issues traded, 157 declined, 37 advanced, and 24 remained unchanged on the CSE.

The port city bourse traded 34.48 lakh shares and mutual fund units with a turnover of about Tk 16.28 crore.

Messenger/Disha