BSS
  07 Mar 2024, 16:25

Price fall in large-cap drives stocks further down

DHAKA, March 7, 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 53.38 points or 0.87 percent to 6,112.76. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 12 points to finish at 2,094.34 and the DSE Shariah Index (DSES) lost 7.12 points to close at 1,335.90.

Turnover, a crucial indicator of the market, decreased to Taka 7,037.06 million, which was Taka 7,303.95 million at the previous session of the week.

Out of 396 issues traded, 304 declined, 46 advanced and 46 remained unchanged on the DSE trading floor.

FUWANGCER topped the turnover chart, followed by CENTRALPHL, INTRACO, MONNOFABR and GOLDENSON.

ASIATICLAB was the day's top gainer, posting 10 percent gain while CENTRALPHL was the worst loser, losing 9.46 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 94.54 points to settle at 17,550.79 and the Selective Categories Index - CSCX shedding 53.39 points to close at 10,535.84.

Of the issues traded, 170 declined, 44 advanced and 22 issues remained unchanged on the CSE.

The port city's bourse traded 47.46 lakh shares and mutual fund units with turnover value worth about Taka 11.20 crore.

 

 

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