BSS-21 Price fall in large-caps drives stocks down

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ZCZC

BSS-21

STOCK-WEDNESDAY-CLOSE

Price fall in large-caps drives stocks down

DHAKA, Sept 12, 2018 (BSS) – Stock markets closed on Wednesday of the week
with downward trend due to mainly price fall in large-cap securities despite
higher transactions.

The falling major sectors were financial institutions, insurance, food and
allied. A total of 148 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
14.12 points down at 5,529.82. The blue-chip DS30 also followed the same
trend with 6.43 points down at 1,932.01. But, the Shariah DSES closed the day
with 4.32 points up at 1,275.92.

The daily trade rose to 18.85 crore shares from Tuesday’s 16.47 crore
shares and the day’s trade value at the DSE increased to Tk 861.08 crore from
Tk 714.09 crore of the previous session.

At the DSE, prices of 185 securities out of the day’s 333 closed higher
against 185 losing issues.

The major gaining issues were Intech, National Life Insurance, Apex Foods,
KPCL and Oimex. The major losing companies were NHFIL, Standard Insurance,
ICBSONALI1, Shyampur Sugar and Midas Finance.

KPCL topped the turnover list followed by Active Fine, BBS Cables, UPGDCL
and NAHEEACP.

The Chittagong Stock Exchange (CSE) closed the day of the week with
downward trend with its major CASPI 35.91 points down at 17,059.11.

At the CSE, 245 issues were traded. Of those, 91 closed higher and 134
closed lower when 1.08 crore shares worth Tk 42.46 crore changed hands.

BSS/KUC/MRI/1730 hrs