Monday, 2 October, 2023

Price fall in large-cap drives stocks further down

Country's both the bourses- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - today plunged further due to mainly price fall in large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 1.84 point or 0.03 percent to 6,283.87. The DSE Shariah Index (DSES) lost 1.87 point to close at 1,361.84. But, the DSE 30 Index, comprising blue chips, rose 0.55 point to finish at 2,128.91.

 Turnover, a crucial indicator of the market, decreased to Taka 4,460.21 million, which was Taka 5,359.81 million at the previous session of the week.

Out of 300 issues traded, 81 declined, 67 advanced and 152 remained unchanged on the DSE trading floor.

FUWANGFOOD topped the turnover chart, followed by CRYSTALINS, MIRACLEIND, SEAPEARL and Eastern Insurance.

Crystal Insurance was the day's top gainer, posting 9.90 percent gain while CENTRALPHL was the worst loser, losing 5.47 per cent.

 The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 5.18 points to settle at 18,590.96 and the Selective Categories Index - CSCX shedding 2.97 points to close at 11,114.72.

Of the issues traded, 54 declined, 43 advanced and 57 issues remained unchanged on the CSE.

 The port city's bourse traded 17.64 lakh shares and mutual fund units with turnover value worth about Taka 7.89 crore.