Price fall in large-cap drives stocks down
Published: 09:31 PM, 3 March 2021 Updated: 09:31 PM, 3 March 2021
Stocks today closed the session of the week with a downward trend due to price fall mainly in large-cap securities.
The falling major sectors were spinning and services and real estate. A total of 98 securities of the large-cap group moved down due to lower activities.
DSEX, the prime index of Dhaka Stock Exchange (DSE), settled at 5,806, shedding 7.15 points or 0.12 percent over the previous session. Two other indices of the premier bourse also ended lower. The DS30 index, comprising blue chips, fell 7.21 points or 0.33 percent to finish at 2,180 while the DSES (Shariah) index lost 5.18 points or 0.38 percent to close at 1,348.
Bearish sentiment also reflected on the trading activities as total turnover on the DSE amounting to Taka 4.85 billion, which was 1.42 percent lower than the previous day’s Taka 4.92 billion.
The losers took a modest lead over the gainers as out of 336 issues traded, 152 closed lower, 130 closed higher and 54 remained unchanged on the DSE trading floor.
Beximco dominated the DSE turnover chart with shares worth Tk 308 million changing hands, closely followed by Al-Arafah Islami Bank, BRAC Bank, Grameenphone and Usmania Glass.
The port city bourse-CSE-also closed lower with its CSE All Share Price Index – CAPSI- shedding 63 points to settle at 17,852 and elective Categories Index – CSCX – falling 41 points to finish at 10,785.
There too, the losers beat the gainers as 126 issues closed lower, 83 higher and 30 remained unchanged on the CSE trading floor.
The port city bourse traded 7.75 million shares and mutual fund units worth more than Taka 365 million in turnover.