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Price fall in large-cap drives stocks down


By BSS
Published : 07 Aug 2023 07:40 PM

Country's both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - on Monday plunged due to mainly price fall in large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 14.05 points or 0.22 percent to 6,315.81. Two other indices also ended lower with the DSE 30 Index, comprising blue chips, plunged 8.70 points to finish at 2,143.84 and the DSE Shariah Index (DSES) lost 4.70 points to close at 1,368.23.

Turnover, a crucial indicator of the market, remained low and amounted to Taka 4,176.44 million which Taka 4,857.35 million at the previous session of the week.

Out of 333 issues traded, 134 declined, 39 advanced and 160 remained unchanged on the DSE trading floor.

FUWANGFOOD topped the turnover chart, followed by JHRML, LEGACYFOOT, KBPPWBIL and AIL.

AIL was the day's top gainer, posting 5.52 percent gain while CAPMIBBLMF was the worst loser, losing 9.84 per cent.

 The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 24.60 points to settle at 18,665.09 and the Selective Categories Index - CSCX shedding 14.55 points to close at 11,157.76.

Of the issues traded, 75 declined, 31 advanced and 50 issues remained unchanged on the CSE.

The port city's bourse traded 98.95 lakh shares and mutual fund units with turnover value worth about Taka 3.90 crore.