BSS
  13 Apr 2025, 20:12

Price fall in large-cap drives stocks down

DHAKA, April 13, 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 DSE, plunged to a 2-month low, losing 35.6
points to settle at 5,170 points, as against 5,205 points in the previous
trading session.
 
The indices remained downbeat throughout the session, while price correction
in the giant Bank sector, along with post-dividend adjustment of a particular
Bank stock, also further pushed the market's downturn.
 
Meanwhile, market turnover also decreased by 23.3% to Taka 4.1 billion as
against Taka 5.4 billion in the previous session.
 
On the sectoral front, Pharma (14.4%) issues exerted the highest turnover,
followed by Food (11.3%) and Engineering (10.3%) sectors. Sectors mostly
displayed dismal returns, of which Ceramic (-3.3%), Mutual Fund (-2.2%) and
Life Insurance (-2.0%) exerted the most corrections on the bourse today,
while Cement (2.5%), Jute (0.5%) and Food (0.3%) exhibited slight positive
returns.
 
Out of the 397 issues traded, 78 advanced, 269 declined and 50 remained
unchanged.
 
The port city bourse, CSE, however, settled on red terrain. The Selective
Categories' Index (CSCX) and All Share Price Index (CASPI) declined by 24.9
and 38.5 points, respectively.