Stocks maintain downtrend as major sectors dip

Dhaka, Sunday, 22 April 2018

Stocks maintain downtrend as major sectors dip

Poriborton Correspondent 9:25 pm, September 26, 2017

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Stocks maintain downtrend as major sectors dip

Both the stock markets were down further on Tuesday due to mainly price fall in large-cap securities despite higher transactions. Among the falling major sectors were textile, food and allied and tannery industries. A total of 146 securities of the large-cap group incurred losses due to lower activities. 

The major DSEX index of Dhaka Stock Exchange (DSE) closed the day with 1.97 points down at 6,104.27. The blue-chip DS30 and Shariah DSES also followed the same trend with 3.23 points down at 2,182.74 and with 2.14 points down at 1,355.46.

Out of 330 traded issues, 180 incurred loss when 113 closed with some gains. Most of the losing issues were from large-cap securities.

The day's trade value at DSE increased to Taka 715.22 crore from Monday's Taka 666.17 crore and the daily trade also rose to 22.71 crore shares from 21.32 crore shares of the previous session.

The major gaining issues were Rupali Bank, Aamra Technology, Shahjalal Bank, Pubali Bank and ILFSL while the major losing issues were RN Spinning, Meghna Pet, Safko Spinning, Jute Spinning and Legacy Foot.

Shahjalal Bank topped the turnover list followed by Al Arafah Bank, Lanka Bangla Finance, Summit Power and BBS Cables. 

Chittagong Stock Exchange (CSE) also finished the Tuesday's session in red with major CASPI index closing 12.96 points down at 18,938.45. 

In CSE, out of the traded 248 issues, 83 advanced, 142 incurred loss and 23 remained static when 1.44 crore shares worth Taka 40.43 crore changed hands.

/MR/

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