BSS-39 Price fall in large-caps drives stocks down

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ZCZC

BSS-39

STOCK-WEDNESDAY-CLOSE

Price fall in large-caps drives stocks down

DHAKA, Feb 27, 2019 (BSS) – Stock markets closed on Wednesday with
downward trend due mainly to price fall in large-cap securities despite
higher transactions.

The falling major sectors were food and allied, financial institutions and
insurance. A total of 145 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
26.81 points down at 5,711.83. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 5.09 points down at 1,314.64 and with 15.76
points down at 1,998.65.

The daily trade increased to 14.44 crore shares from Tuesday’s 13.24 crore
shares and the day’s trade value at DSE rose to Taka 689.25 crore from Taka
679.46 crore of the previous session.

At DSE, out of the day’s 346 securities, prices of 105 securities closed
higher against 190 losing issues.

The major gaining issues were AIL, National Polymer, Monno Ceramics,
Legacy Foot and Nurani. The major losing companies were Emerald Oil, Premier
Leasing, Zeal Bangla, Paramount and Shyampur Sugar.

UPGDCL topped the turnover list followed by Fortune, Monno Ceramics, BSCCL
and MPETORLEUM.

The Chittagong Stock Exchange (CSE) closed the day of the week with
downward trend with its major CASPI 61.11 points down at 17,473.49.

At CSE, 268 issues were traded. Of those, 90 closed higher and 138 closed
lower when 68.57 lakh shares worth Taka 23.11 crore changed hands.

BSS/KUC/FI/ 1854 hrs