Price fall in large caps drives stocks down

Published : 24 Mar 2021 09:29 PM

Stocks on Wednesday witnessed a downward trend due mainly to price fall in large-cap securities, reports BSS. 

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 83.61 points or 1.54 per cent to settle at 5,330.12. Two other indices also closed lower. The DS30 index, comprising blue chips, lost 38.90 points to finish at 2,024.67 and the DSE Shariah Index fell 16.06 points to close at 1,221.54.

The daily trade turnover on the DSE also plunged to Taka 5803.951 million, which was Taka 6310.674 million at the previous session of the week.

Losers took a strong lead over the gainers as out of 355 issues traded, 236 closed lower, 23 higher and 96 issues remained unchanged on the DSE trading floor.

Beximco dominated the turnover chart, followed by Beximco Pharma, Robi, Lanka Bangla Finance and NRBC Bank.

Primer Leasing was the day’s best performer, posting a gain of 8.47 per cent while EGEN was the worst loser, losing 8.42 per cent following its price adjustment after record date.

The Chittagong Stock Exchange also ended lower with its All Shares Price Index (CASPI)-slumping 247.06 points to close at 15,424.55 while the Selective Categories Index – CSCX shedding 148.91 points to close at 9,304.21.

Of the issues traded, 149 declined, 33 advanced and 41 remained unchanged on the CSE.

The port city bourse traded 4.60 crore shares and mutual fund units with turnover value of Taka 177.33 crore.