Price fall in large-cap drives stocks down

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DHAKA, Feb 28, 2021 (BSS) – Stocks today closed the first session of the
week with downward trend due to price fall mainly in large-cap securities.

The falling major sectors were financial institutions, insurance and
engineering. A total of 84 securities of the large-cap group moved down due
to lower activities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), also slumped
11.59 points or 0.21 per cent to settle at 5,404.80. Two other indices also
ended lower. The DSE 30 Index comprising blue chips, lost 8.96 points to
finish at 2,056.83 and the DSE Shariah Index (DSES) shed 3.03 points to close
at 1,222.84.

Turnover, a crucial indicator of the market, stood at Taka 6606.427
million which was Taka 7460.298 million in the previous session.

Beximco was the most traded stock followed by Robi, BATBC, Summit Power
and LankaBangla Finance.

ANWARGLAV was the day’s best performer, posting a gain of 9.99 per cent
while Prime Finance First Mutual Fund was the worst loser, losing 6.09 per
cent.

A total number of 103,794 trades were executed in the day’s trading
session with a trading volume of 115.29 million shares and mutual fund units.

The Chittagong Stock Exchange (CSE) also kept losing with the CSE All
Share Price Index, CASPI, shedding 46.80 points to settle at 15,603.80 and
the Selective Categories Index, CSCX, losing 30.41 points to close at
9,410.74.

Of the issues traded, 80 declined, 74 advanced and 75 remained unchanged on
the CSE.

The port city’s bourse traded 7.47 million shares and mutual fund units
with turnover value of Taka 24.42 crore.