Publish: 20:57, 24 Nov, 2024 Updated: 20:59, 24 Nov, 2024

DSEX drops 51 points as stocks plunge on large-cap weakness

Online Desk
DSEX drops 51 points as stocks plunge on large-cap weakness

Both of the country’s bourses—Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)—plunged on Sunday, primarily due to a decline in large-cap securities, reports BSS.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 51.08 points or 0.98 percent to 5,146.50. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 19.14 points to finish at 1,899.90 and the DSE Shariah Index (DSES) lost 2.12 points to close at 1,149.43.

Turnover, a crucial indicator of the market, decreased to Taka 3,020.56 million, which was Taka 3,637.95 million at the previous session of the week. Out of 392 issues traded, 228 declined, 110 advanced and 54 remained unchanged on the DSE trading floor.

NRBBANK topped the turnover chart, followed by LOCELLO, FINEFOODS, GENEXIL and BEACHHATCH.

DOREENPWR was the day's top gainer, posting 9.75 percent gain while EPGL was the worst loser, losing 13.99 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 165.16 points to settle at 14,419.11 and the Selective Categories Index - CSCX shedding 101.79 points to close at 8,778.12.

Of the issues traded, 133 declined, 46 advanced and 31 issues remained unchanged on the CSE trading floor.

The port city’s bourse recorded a trade of 1.98 million shares and mutual fund units, with a turnover of approximately Tk 57.76 million.

Bd-pratidin English/ Jisan

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