BSS-25 Price fall in large-caps drives stocks further down

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ZCZC

BSS-25

STOCK-MONDAY-CLOSE

Price fall in large-caps drives stocks further down

DHAKA, Sept 24, 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 IT sector, engineering and insurance. A
total of 213 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
57.70 points down at 5,357.55. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 16.66 points down at 1,233.50 and with 13.76
points down at 1,883.47 respectively.

The daily trade fell to 12.41 crore shares from Thursday’s 15.90 crore
shares and the day’s trade value at the DSE decreased to Tk 580.08 crore from
Tk 742.39 crore of the previous session.

At the DSE, prices of 49 securities out of the day’s 337 closed higher
against 265 losing issues.

The major gaining issues were Saiham Tex, Republic, CAPMIBBLMF, Takaful
Insurance and Prime Life. The major losing companies were Intech, Janata
Insurance, OIMEX, Sino Bangla and Global Insurance.

KPCL topped the turnover list followed by UPGDCL, SHASHADNIM, Ifad Autos
and Active Fine.

The Chittagong Stock Exchange (CSE) closed the day of the week with
downward trend with its major CASPI 209.89 points down at 16,491.58.

At the CSE, 245 issues were traded. Of those, 27 closed higher and 205
closed lower when 66.17 lakh shares worth Tk 35.61 crore changed hands.

BSS/KUC/MRI/1741 hrs