Dhaka,  Saturday
18 January 2025

Price fall in large-cap drives stocks further down

Staff Reporter 

Published: 08:25, 28 March 2024

Price fall in large-cap drives stocks further down

Photo : Collected

The country's both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – plunged further on Wednesday due mainly to the price fall of large-cap securities. 

DSEX, the prime index of DSE, went down by 71.71 points or 1.23 per cent to 5,762.68. Two other indices also ended sharply lower, with the DSE 30 Index, comprising blue chips, plunging 12.85 points to finish at 2,012.07 and the DSE Shariah Index (DSES) losing 14.82 points to close at 1,252.35.

The turnover, a crucial indicator of the market, increased to Tk 5,387.99 million, which was Tk 4,455.37 million in the previous session of the week.
Out of the 396 issues traded, 321 declined, 38 advanced, and 37 remained unchanged on the DSE trading floor.

CENTRALPHL topped the turnover chart, followed by ASIATICLAB, AIL, FUWANGCER, and BESTHLDNG. CENTRALPHL was the day's top gainer, posting 6.14 per cent gain, while IPDC was the worst loser, losing 9.27 per cent.

The CSE also ended sharply lower with the CSE All Share Price Index – CASPI – losing 124.29 points to settle at 16,579.84 and the Selective Categories Index – CSCX – shedding 72.18 points to close at 9,956.21.

Of the issues traded, 167 declined, 40 advanced, and 19 issues remained unchanged on the CSE.
The port city bourse traded 24.19 lakh shares and mutual fund units with a turnover of about Tk 10 crore.

Messenger/Fameema