Price fall in large-cap drives stocks down

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DHAKA, March 3, 2021 (BSS) – Stocks today closed the session of the week with a downward trend due to price fall mainly in large-cap securities.

The falling major sectors were spinning and services and real estate. A
total of 98 securities of the large-cap group moved down due to lower
activities.

DSEX, the prime index of Dhaka Stock Exchange (DSE), settled at 5,806,
shedding 7.15 points or 0.12 per cent over the previous session. Two other
indices of the premier bourse also ended lower. The DS30 index, comprising
blue chips, fell 7.21 points or 0.33 per cent to finish at 2,180 while the
DSES (Shariah) index lost 5.18 points or 0.38 per cent to close at 1,348.

Bearish sentiment also reflected on the trading activities as total
turnover on the DSE amounting to Taka 4.85 billion, which was 1.42 per cent
lower than the previous day’s Taka 4.92 billion.

The losers took a modest lead over the gainers as out of 336 issues
traded, 152 closed lower, 130 closed higher and 54 remained unchanged on the
DSE trading floor.

Beximco dominated the DSE turnover chart with shares worth Tk 308
million changing hands, closely followed by Al-Arafah Islami Bank, BRAC Bank,
Grameenphone and Usmania Glass.

The port city bourse-CSE-also closed lower with its CSE All Share Price
Index – CAPSI- shedding 63 points to settle at 17,852 and elective Categories
Index – CSCX – falling 41 points to finish at 10,785.

There too, the losers beat the gainers as 126 issues closed lower, 83
higher and 30 remained unchanged on the CSE trading floor.

The port city bourse traded 7.75 million shares and mutual fund units
worth more than Taka 365 million in turnover.