BSS-21 Price fall in large-caps drives stocks down

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ZCZC

BSS-21

STOCK-MONDAY-CLOSE

Price fall in large-caps drives stocks down

DHAKA, Feb 18, 2019 (BSS) – Stock markets closed on Monday of the week
with downward trend due mainly to price fall in large-cap securities despite
higher transactions.

The falling major sectors were pharmaceuticals and chemicals, food and
allied and textile. A total of 202 securities of the large-cap group moved
down due to lower activities.

The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with
51.30 points down at 5,724.52. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 10.06 points down at 1,304.71 and with 17.35
points down at 1,987.39.

The daily trade rose to 20.81 crore shares from Sunday’s 19.49 crore
shares and the day’s trade value at DSE increased to Taka 891.67 crore from
Taka 725.50 crore of the previous session.

At DSE, out of the day’s 347 securities, prices of 68 securities closed
higher against 242 losing issues. The major gaining issues were Peninsula, S
Alam Cold Storage, ICBSONALI1, KDSALTD and WMSHIPYARD. The major losing
companies were Imam Button, Savar EFR, Sonargaon, Meghna Condense Milk and
Meghna Pet. UPGDCL topped the turnover list followed by Fortune Shoes, BSCCL,
Peninsula and AIL.

The Chittagong Stock Exchange (CSE) closed the day of the week with
downward trend with its major CASPI 112.43 points down at 17,541.60.

At CSE, 269 issues were traded. Of those, 69 closed higher and 177
closed lower when 94.29 lakh shares worth Taka 34.45 crore changed hands.

BSS/KUC/IJ/1805 hrs