Stocks see downward trend

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DHAKA, July 2, 2018 (BSS) – Stocks witnessed downward trend in the first
day of the fiscal 2018-19 (FY19) on Monday due to price fall in large-cap
securities.

DSEX, the broad index of the Dhaka Stock Exchange (DSE), lost 83.04
points to settle at 5,322.41. Two other indices maintained the same trend as
DS30 index, comprising blue chips, shed 44.12 points to close at 1,915.82 and
DSE Shariah index lost 16.02 points to settle at 1,247.77.

Turnover, a major indicator of the market, fell to Taka 784.75 crore from the
Thursday’s Taka 801.40 crore. Trade volume increased to 16.42 crore from the
Thursday’s 15.09 crore shares.

Out of 342 traded issues, 106 closed higher, 206 closed lower and 30
issues remained unchanged on the DSE trading floor.

Five top gainers on DSE were Aziz Pipes, Legacy Foot, Regent Textile,
MHSML and HR Tex while PLFSL, KPPL, Queen South, Northern and Padma Life were
the top five losers.

Chittagong Stock Exchange (CSE) also maintained a downward trend as the
CSE All Share Price Index – CASPI – shed 168.61 points to finish at
16,389.89.

The CSE traded 87.83 lakh shares and mutual fund units worth more than
Taka 42 crore in turnover.

 

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