Tuesday, 26 October, 2021

Stocks witness downward trend

Stocks witness downward trend

Stocks on Monday witnessed a bearish session as all indices on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) returned to red breaking a two-day gaining streak.

Turnover, a key indicator of the market, declined to Taka 387.73 crore from the Sunday’s Taka 443.56 crore, on the DSE. The bourse traded a total of 13.19 crore shares on the day, reports BSS.

The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 59.56 points down at 5,276.14. The Shariah DSES and the blue-chip DS30 also followed the same trend with 15.97 points down at 1,833.37 and with 16.48 points down at 1,833.37.

At DSE, out of the day’s 342 securities, prices of 50 securities closed higher against 262 losing issues.

The major gaining issues were SKTRIMS, ICB3RDNRB, Premier Cement, GHCL and Daffodil Computer.

The major losing companies were Al Arafah Bank, NFML, Rupali Bank, Midas Finance and United Insurance. BRAC Bank topped the turnover list followed by SKTRIMS, Fortune, Bank Asia and IFIC.

The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 204.09 points down at 16,102.95.

At CSE, 239 issues were traded. Of those, 46 closed higher and 166 closed lower when 52.08 lakh shares worth Taka 10.66 crore changed hands.