BSS
  08 Apr 2025, 21:17

Price fall in large-cap drives stocks down

DHAKA, April 8, 2025 (BSS) - Country's both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), today plunged due to mainly price fall in large-cap securities.

DSEX, the broad index of the Dhaka Stock Exchange, declined by 10.9 points to settle at 5,186 points, as against 5,197 points in the previous trading session. 

The market witnessed a mild volatile session today despite a brief intraday uptick mirroring the previous session, as the cautious selling approach continued to weigh down on the market indices. 

However, opportunistic investors' participation in certain large-cap and trendy scrips remained evident, while mutual fund scrips also dominated the top gainers' list owing to the buying appetite of short-term gain-focused investors. 

Meanwhile, market turnover slightly increased by 2.9% to Taka 4.8 billion as against Taka 4.7 billion in the previous session. 

On the sectoral front, Pharma (19.5%) issues exerted the highest turnover, followed by Mutual Fund (9.4%) and Barik (9.1%) sectors.

 Sectors mostly displayed mixed returns, out of which Mutual Fund (3.7%), Paper (2.5%) and Jute (7.4%) exhibited the most positive returns on the bourse today, while Financial Institutions (-0.8%), Travel (0.7%) and Telecom (-0.6%) exerted the most corrections. 

Out of the 397 issues traded, 148 advanced, 194 declined and 55 remained unchanged. 

The port city bourse, CSE, also settled on red terrain. The Selective Categories' Index (CSCX) and All Share Price Index (CASPI) declined by 13.2 and 28.2 points, respectively.