BSS-09 Stocks maintain downward trend

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ZCZC

BSS-09

STOCK-MONDAY-CLOSE

Stocks maintain downward trend

DHAKA, July 22, 2019 (BSS) – Stocks today witnessed another bearish
session as all indices on Dhaka Stock Exchange (DSE) and Chittagong Stock
Exchange (CSE) maintained downward trend due to lower activities of large-cap
securities despite higher transactions.

The falling major sectors were food and allied, textile, jute and
pharmaceuticals and chemicals. A total of 205 securities of large-cap group
moved down due to lower activities.

DSEX, the broad index of the DSE, shed 67.31 points to close at
4,966.44. Two other indices followed the same trend as DS30 index, comprising
blue chips, closed the day with 23.27 points down at 1,776.15 and the Shariah
DSES closed the day with 18.34 points down at 1,139.15.

Out of 353 traded issues, 60 closed higher, 277 closed lower and 16
issues remained unchanged on the DSE trading floor.

The volume of shares rose to 16.60 crore from Sunday’s 14.86 crore
shares and the daily turnover in value at DSE increased to Taka 464.19 crore
from Sunday’s Taka 368.64 crore.

Five top gainers on DSE were Al-Haj Textile, SEMLFBSLGF, SEMLIBBLSF,
PF1STMF and Union Capital. Emerald Oil, Meghna Condense Milk, CNA Textile,
Jute Spinning and Imam Button were the top five losers.

Fortune shoes topped the turnover list followed by Square Pharma,
UPGDCL, Federal Insurance and SEAPEARL. In the port city, CSE also maintained
a downward as the CSE All Share Price Index – CASPI – closed the day with
200.18 points down at 15,215.28.

The losers dominated the day’s trading as 48 issues closed higher, 216
lower and 22 remained unchanged on the CSE trading floor.

CSE traded 88.26 lakh shares and mutual fund units worth more than Taka
21.17 crore in turnover.

BSS/KUC/FI/ 1622 hrs