Stocks go down

5 November, 2018 12:00 AM printer

Stock markets closed on Sunday of the week with downward trend mainly due to price fall in large-cap securities despite higher transactions.

The major falling sectors were textile, fuel, power, pharmaceuticals and chemicals. A total of 128 securities of the large-cap group moved down due to lower activities, reports BSS.

The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 19.49 points down at 5,238.99. The Shariah DSES and the blue-chip DS30 also followed the same trend with 4.66 points down at 1,211.39 and with 12.69 points down at 1,852.66.

The daily trade increased to 14.34 crore shares from Thursday’s 13.81 crore shares and the day’s trade value at DSE rose to Taka 539.33 crore from Taka 529.96 crore of the previous session.

At DSE, out of the day’s 335 securities, prices of 142 securities closed higher against 159 losing issues.

The major gaining issues were BPML, Miracle Industries, Sino Bangla, Saiham Textile and DSSL. The major losing companies were Regent Textile, KPCL, KPPL, UPGDCL and Pharma Aid.

KPCL topped the turnover list followed by UPGDCL, BBS Cables, Intraco and Nurani.

The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 72 points down at 16,089.22.

At CSE, 241 issues were traded. Of those, 122 closed higher and 96 closed lower when 88.02 lakh shares worth Taka 25.99 crore changed hands.