Stocks go down

21st January, 2019 10:42:52 printer

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 engineering and pharmaceutical and chemical. A total of 148 securities of the large-cap group moved down due to lower activities.

The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 27.97 points down at 5,859.30. The Shariah DSES and the blue-chip DS30 also followed the same trend with 3.07 points down at 1,315.79 and with 8.19 points down at 2,021.70.

The daily trade fell to 24.62 crore shares from Sunday’s 29.74 crore shares and the day’s trade value at DSE decreased to Taka 885.34 crore from Taka 968.91 crore of the previous session.

At DSE, out of the day’s 347 securities, prices of 126 securities closed higher against 184 losing issues. The major gaining issues were Agrani Insurance, Sonar Bangla Insurance, Standard Insurance, Shurwid and Paramount while the major losing companies were Savar EFR, SS Steel, JMISMDL, VAMLBDMF1 and SEMLIBBLSF.

UPGDCL topped the turnover list followed by Square Pharma, DSSL, Premier Bank and Pharma Aid.

The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 84.08 points down at 17,981.62.

At CSE, 278 issues were traded. Of those, 106 closed higher and 152 closed lower when 1.15 crore shares worth Taka 32.59 crore changed hands.