BSS-21 Price fall in large-cap drives stocks further down

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ZCZC

BSS-21

STOCK-WEDNESDAY-CLOSE

Price fall in large-cap drives stocks further down

DHAKA, April 10, 2019 (BSS) – Stock markets closed on Wednesday of the
week with downward trend due mainly to price fall in large-cap securities.

The falling major sectors were cement, financial institutions, textile and
food and allied. A total of 186 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
57.15 points down at 5,261.60. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 15.13 points down at 1,217.86 and with 22.61
points down at 1,877.92.

The daily trade fell to 6.40 crore shares from Tuesday’s 7.65 crore shares
and the day’s trade value at DSE decreased to Taka 274.84 crore from Taka
365.92 crore of the previous session.

At DSE, out of the day’s 348 securities, prices of 64 securities closed
higher against 231 losing issues.

The major gaining issues were Rupali Life, Monno Ceramics, Fine Foods,
Islamic Insurance and Standard Ceramics. The major losing companies were
HEIDELBCEM, NHFIL, Savar EFR, RN spinning and Zeal Bangla.

GP topped the turnover list followed by Monno Ceramics, Fortune,
RECKITTBEN and UPGDCL. The Chittagong Stock Exchange (CSE) closed the day of
the week with downward trend with its major CASPI 165.22 points down at
16,148.67.

At CSE, 230 issues were traded. Of those, 55 closed higher and 141 closed
lower when 37.21 lakh shares worth Taka 12.11 crore changed hands.

BSS/KUC/FI/ 1742 hrs