BSS-31 Price fall in large-caps drives stocks down

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ZCZC

BSS-31

STOCK-MONDAY-CLOSE

Price fall in large-caps drives stocks down

DHAKA, May 28, 2018 (BSS) – Stock markets closed today with downward trend
due mainly to price fall in large-cap securities.

The falling major sectors were food and allied, pharmaceuticals and
chemicals, insurance and tannery industries. A total of 180 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
39.40 points down at 5,417.42. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 11.96 points down at 1,257.46 and with 11.78
points down at 2011.40.

The daily trade fell to 11.36 crore shares on Monday from Sunday’s 11.96
crore shares and the day’s trade value at DSE decreased to Taka 431.66 crore
from Taka 445.96 crore of the previous session.

At the DSE, out of the day’s 337 securities, prices of 70 securities
closed higher against 224 losing issues. The major gaining issues were Queen
South, Legacy Foot, Trust Bank, Dhaka Insurance and Miracle Industries. The
major losing companies were SHYAMPSUG, Imam Button, Zeal Bangla, Takaful
Insurance and Samata Leather.

INTRACO topped the turnover list followed by Al Arafah Bank, Brac Bank,
UPGDCL and Miracle Industries.

The Chittagong Stock Exchange (CSE) closed the day of the week with
downward trend with its major CASPI 90.62 points down at 16,742.04.

At the CSE, a total of 223 issues were traded. Of those, 49 closed higher
and 154 closed lower when 70.29 lakh shares worth Taka 22.70 crore changed
hands.

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