BSS
  17 Feb 2022, 16:57

Price fall in large-cap drives stocks down

     DHAKA, Feb 17, 2022 (BSS) - Stocks today witnessed downward trend due 
mainly to price fall in large-cap securities.   

   DSEX, the core index of the DSE, slid 52.33 points or 0.74 per cent to 
settle at 6,991, after gaining 6.92 points in the previous session.   

   Two other indices also ended lower with the DSE 30 Index, comprising blue 
chips, plunging 24.75 points to finish at 2,573 and the DSE Shariah Index 
(DSES) lost 13.06 points to close at 1,508.   

   Turnover, a crucial indicator of the market, also declined to one-and-a 
half months low and amounted to Taka 1.0.04 billion on the country's premier 
bourse, which was 17.23 per cent lower than the previous day's tally of Taka 
12.13 billion.   

   Prices of more than 68 per cent traded issues closed in the red as out of 
377 issues traded, 257 declined, 75 advanced and 45 remained unchanged on the 
DSE trading floor.   

   Bangladesh Export Import Company (Beximco) topped the turnover chart with 
shares worth Taka 1.04 billion changing hands, followed by Orion Pharma (Taka 
649 million), Bangladesh Shipping Corporation (Taka 543 million), Fortune 
Shoes (Taka 213 million) and Yeakin Polymer (Taka 195 million).   

   GQ Ball Pen was the day's top gainer, posting an 8.39 per cent gain while 
Central Pharma was the worst loser, losing 4.16 per cent.   

   The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE 
All Share Price Index - CASPI -losing 174 points to settle at 20,459 and the 
Selective Categories Index - CSCX shedding 103 points to close at 12,283.   

   Of the issues traded, 216 declined, 68 advanced and 32 issues remained 
unchanged on the CSE.   

   The port city's bourse traded 12.19 million shares and mutual fund units 
with a turnover value worth about Taka 347 million.