BSS-34 Price fall in large-caps drives stocks further down

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ZCZC

BSS-34

STOCK-MONDAY-CLOSE

Price fall in large-caps drives stocks further down

DHAKA, July 30, 2018 (BSS) – Stock markets closed on Monday of the week
with downward trend due to price fall in large-cap securities.

The falling major sectors were food and allied and textile. A total of
158 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
17.16 points down at 5,262.91. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 7.78 points down at 1,240.92 and with 7.03
points down at 1,871.74 respectively.

The daily trade fell to 13.57 crore shares from Sunday’s 14 crore. But,
the day’s trade value at the DSE increased to Taka 614.57 crore from Taka
577.34 crore of the previous session.

At the DSE, prices of 92 securities out of the day’s 335 closed higher
against 200 losing issues.

The major gaining issues were Legacy Foot, BD Auto Cars, Ambee Pharma,
RENWICKJA and Jamuna Bank. The major losing companies were Meghan Pet,
MEGCONMILK, Beach Hatchery, Dacca Dying and Sonargaon.

Saiham Tex topped the turnover list followed by UPGDCL, PENINSULA,
KDSALTD and BBS Cables.

The Chittagong Stock Exchange (CSE) closed the day of the week with
downward trend with its major CASPI 50.94 points down at 16,214.77.

At the CSE, 245 issues were traded. Of those, 63 closed higher and 147
closed lower when 80.46 lakh shares worth Taka 53.25 crore changed hands.

BSS/KUC/MRI/1835 hrs