BSS
  12 Nov 2024, 18:10

Price fall in large-cap drives stocks further down

DHAKA, Nov 12, 2024 (BSS) - Country's both bourses--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)-today plunged further due mainly to price fall in large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 35.06 points or 0.66 percent to 5298.36. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 7.35 points to finish at 1970.10 and the DSE Shariah Index (DSES) lost 12.29 points to close at 1183.

Turnover, a crucial indicator of the market, increased to Taka 5776.61 million, which was Taka 5765.68 million at the previous session of the week.

Out of 400 issues traded, 216 declined, 136 advanced and 48 remained unchanged on the DSE trading floor.

MPETROLEUM topped the turnover chart, followed by BSC, SQURPHARMA, ISLAMIBANK and MJLBD.

BGIC was the day's top gainer, posting 9.72 percent gain while ORIONINFU was the worst loser, losing 7.22 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 33.88 points to settle at  14808.15 and the Selective Categories Index - CSCX shedding 16.59  points to close at 9013.86.

Of the issues traded, 107 declined, 83 advanced and 21 issues remained unchanged on the CSE.

The port city’s bourse traded 2.47 million shares and mutual fund units with turnover value worth about Taka 126.29 million.