Business

Price fall in large-cap drives stocks down


Bangladeshpost
Published : 26 Jul 2021 11:36 PM

BSS, Dhaka

Stocks on Monday witnessed downward trend due mainly to price fall in large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 20.19 points or 0.31 per cent to settle at 6,404.03. Two other indices also closed lower. The DS30 index, comprising blue chips, lost 13.74 points to finish at 2,322.74 and the DSE Shariah Index fell 3.58 points to close at 1,390.27.

The daily trade turnover on the DSE also increased to Taka 14289.498 million which was 13,547.02 million at the previous session of the week.

Losers took a strong lead over the gainers as out of 374 issues traded, 229 closed lower, 111 higher and 34 issues remained unchanged on the DSE trading floor. 

BPPL continued to dominate the turnover chart, followed by Saif Power, BATBC, Beximco and FUWANGCER.

BPPL was the day’s best performer, posting a gain of 9.93 per cent while ICBAMCL2ND was the worst loser, losing 5.74 per cent following its price adjustment after the record date.

The Chittagong Stock Exchange also ended lower with its All Shares Price Index (CASPI)—slumping 6.17 points to close at 1,351.45 while the Selective Categories Index – CSCX shedding 36.74 points to close at 11,180.11.

Of the issues traded, 155 declined, 108 advanced and 44 remained unchanged on the CSE. The port city bourse traded 2.63 crore shares and mutual fund units with turnover value of more than Taka 59.93 crore.