BSS-26 DSE, CSE post massive plunge

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ZCZC

BSS-26

STOCK-CLOSED

DSE, CSE post massive plunge

DHAKA, March 9, 2020 (BSS) – Country’s premier bourse, Dhaka Stock
Exchange (DSE) closed today witnessing a massive plunge due to panic driven
sale by the investors.

The broad index, DSEX closed at 4008.05 points on Monday with a big loss
of 279.32 points or 6.51 percent.

Besides, the two selective indices, Blue Chip index, DSE30 and Shariah
index, DSES also went down by 88.89 points and 69.79 points to settle at
1346.11 points and 929.27 points respectively.

Market turnover, another crucial indicator, stood at Taka 4.99 billion,
which was higher over previous day’s mark of Taka 4.28 billion.

On the DSE trading floor, a total number of 154,392 trades were executed
in today’s trading session with a trading volume of 209.92 million
securities.

Loser took a massive lead over gainers as out of 355 issues traded, 2
securities gained price while 352 declined and 1 remained unchanged.

The market-cap of the DSE also fell to Taka 3,142 billion, from Taka 3,315
billion in the previous session.

Only Mutual Trust Bank gained price in today’s trading session.

Square Pharma topped the turnover chart followed by Grameenphone,
LafargeHolcim Bangladesh, Summit Power, Sea Pearl Beach, Brac Bank, Orion
Infusion, Bank Asia, VFS Thread and Orion Pharma.

The top 10 losers were – Prime Finance First Mutual fund, Agrani
Insurance, Anlima Yarn, Beacon Pharma, CVO PRL, Indo-Bangla Pharma, National
Tubes, Oimax Electrode, Peninsula Chittagong and Simtex Industries.

On the other hand, port city bourse, Chittagong Stock Exchange (CSE) also
closed at red extending the bearish streak of previous day.

CSCX and CASPI declined by 466.88 points and 769.32 points to stand at
7470.67 points and 12328.79 points respectively.

At CSE, a total of 12,736,925 shares and mutual fund of 256 companies were
traded of which, 4 issues advanced while 248 declined and 4 issues remained
unchanged.

BSS/MAK/ARS/1919 hrs