BSS-14 Large-cap price fall drives stocks further down

340

ZCZC

BSS-14

STOCK-MONDAY-CLOSE

Large-cap price fall drives stocks further down

DHAKA, June 17, 2019 (BSS) – Stock markets today plunged further with
downward trends of all major indices due mainly to price fall in large-cap
securities.

The falling major sectors were banks, financial institutions and textile.
A total of 182 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
55.54 points down at 5,375.29. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 11.41 points down at 1,223.99 and with 15.70
points down at 1,889.39.

The day’s trade value at DSE increased to Taka 535.28 crore from Sunday’s
Taka 534.31 crore and the daily trade rose to 16.11 crore shares from 15.13
crore shares of the previous session.

At DSE, out of the day’s 353 securities, prices of 77 securities closed
higher against 235 losing issues.

The major gaining issues were Eastern Insurance, Republic, Prime
Insurance, Northern Insurance and Central Insurance. The major losing
companies were One Bank, NBL, FAS Finance, RN Spinning and Zahin Textile.

UPGDCL topped the turnover list followed by Monno Ceramics, New Line, DSSL
and SILCOPHL.

The Chittagong Stock Exchange (CSE) closed the day of the week with
downward trend with its major CASPI 135.62 points down at 16,488.82.

At CSE, 270 issues were traded. Of those, 69 closed higher and 180 closed
lower when 85.69 lakh shares worth Taka 33.94 crore changed hands.

BSS/KUC/FI/ 1715 hrs