BSS-44 Price fall in large-caps drives stocks down

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ZCZC

BSS-44

STOCK-OPEN-WEEK

Price fall in large-caps drives stocks down

DHAKA, July 15, 2018 (BSS) – Stock markets opened the week on Sunday with
downward trend due mainly to price fall in large-cap securities despite
higher transactions.

The falling major sectors were textile, paper and printing, financial
institutions and travel and leisure. A total of 168 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
22.16 points down at 5,336.75. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 1.52 points down at 1,265.86 and with 11.61
points down at 1,895.16 respectively.

The daily trade rose to 21.25 crore shares from Thursday’s 18.65 crore
shares and the day’s trade value at DSE increased to Taka 955.40 crore from
Taka 852.97 crore of the previous session.

At the DSE, prices of 109 securities out of 339 closed higher against 207
losing issues.

The major gaining issues were Legacy Foot, KDSALTD, Safko Spinning, PTL
and Doreen Power. The major losing companies were Modern Dying, BPML, PLFSL,
EXIM1STMF and Peninsula.

BBS Cables topped the turnover list followed by UPGDCL, SKTRIMS, Doreen
Power and Singer BD.

The Chittagong Stock Exchange (CSE) closed the day of the week with
downward trend with its major CASPI 61.32 points down at 16,452.42.

At the CSE, 253 issues were traded. Of those, 94 closed higher and 144
closed lower when 1.36 crore shares worth Taka 49.47 crore changed hands.

BSS/KUC/MRI/1858 hrs