Business

Price fall in large cap drives stocks down


By BSS
Published : 15 Sep 2021 11:10 AM

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

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 77.55 points or 1.07 per cent to settle at 7140.50.

Two other indices also closed lower. The DS30 index, comprising blue chips, lost 23.46 points to finish at 2,611.69 and the DSE Shariah Index fell 22.61 points to close at 1,556.22.

The daily trade turnover on the DSE increased to Taka 20,974 million which was Taka 20,405 million at the previous session of the week. 

Losers took a strong lead over the gainers as out of 376 issues traded, 300 closed lower, 52 higher and 24 issues remained unchanged on the DSE trading floor.

Lanka Bangla Finance continued to dominate the turnover chart, followed by Beximco, BXPHARMA, PTL and Walton Hil. 

Meghna Life was the day's best performer, posting a gain of 6.30 per cent while Tamij Tex was the worst loser, losing 9.70 per cent following its price adjustment after record date.

The Chittagong Stock Exchange also ended lower with its All Shares Price Index (CASPI)-slumping 171.69 points to close at 20,857.66 while the 

Selective Categories Index - CSCX shedding 101.50 points to close at 12,510.88.

Of the issues traded, 227 declined, 60 advanced and 30 remained unchanged on the CSE.

The port city bourse traded 2.19 crore shares and mutual fund units with turnover value of more than Taka 68.02 crore.