BSS
  25 Jan 2024, 16:55

Price fall in large-cap drives stocks further down

DHAKA, Jan 25, 2024 (BSS) - Country's both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - today plunged further due to mainly price fall in large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 70.24 points or 1.13 percent to 6,156.41. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 24.52 points to finish at 2,114.61 and the DSE Shariah Index (DSES) lost 20.62 points to close at 1,352.29.

Turnover, a crucial indicator of the market, decreased to Taka 8,709.07 million, which was Taka 11,732.18 million at the previous session of the week.
 
Out of 389 issues traded, 282 declined, 85 advanced and 22 remained unchanged on the DSE trading floor.

FUWANGFOOD topped the turnover chart, followed by Fortune, KPPL, KARNAPHULI and BDTHAI.
 
SICL was the day's top gainer, posting 10 percent gain while GSP Finance was the worst loser, losing 10 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 259.19 points to settle at 17,552.13 and the Selective Categories Index - CSCX shedding 153.94 points to close at 10,510.05.

Of the issues traded, 178 declined, 60 advanced and 22 issues remained unchanged on the CSE.

The port city's bourse traded 57.09 lakh shares and mutual fund units with turnover value worth about Taka 15.37 crore.

 

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