BSS-38 Price fall in large-cap drives stocks down

483

ZCZC

BSS-38

STOCK-WEDNESDAY-CLOSE

Price fall in large-cap drives stocks down

DHAKA, May 15, 2019 (BSS) – Stock markets today closed with downward
trend due mainly to price fall in large-cap securities.

The falling major sectors were IT, engineering and financial
institutions. A total of 135 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
21.88 points down at 5,196.03. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 9.15 points down at 1,194.22 and with 12.70
points down at 1,812.82.

The daily trade rose to 9.28 crore shares from Tuesday’s 8.48 crore
shares and the day’s trade value at DSE increased to Taka 256.28 crore from
Taka 251.36 crore of the previous session.

At DSE, out of the day’s 341 securities, prices of 103 securities closed
higher against 173 losing issues.

The major gaining issues were United Insurance, Premier Cement, NFML,
Pragati Insurance and Sonar Bangla Insurance. The major losing companies were
DAFODILCOM, SS Steel, Aamra Net, First Finance and EXIM1STMF.

BRAC Bank topped the turnover list followed by Fortune, Square Pharma,
Premier Bank and IFIC.

The Chittagong Stock Exchange (CSE) closed the day of the week with
downward trend with its major CASPI 50.29 points down at 15,912.

At CSE, 206 issues were traded. Of those, 69 closed higher and 105
closed lower when 53.81 lakh shares worth Taka 11.71 crore changed hands.

BSS/KUC/FI/ 1919 hrs