Price fall in large-cap drives stocks further down

BSS
Published On: 27 Jan 2025, 18:13

DHAKA, Jan 27, 2025 (BSS) - Country's both the bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- today plunged further due to mainly price fall in large-cap securities.

The prime index of the DSE went down by 2.33 points to 5,130.06. The blue-chip index DS30, comprising 30 leading companies, decreased by 1 point to 1,894.80, while the DSES Index, representing Shariah-compliant companies, decreased by 0.75 points to 1,150.17 by the close.

Turnover, a crucial indicator of the market, stood at Tk 3.44 billion, up 8.03 percent from the previous trading day.

The majority of the stocks saw a price decrease, as out of the 399 issues traded, 140 closed higher, 178 ended lower, and 81 remained unchanged on the DSE trading floor.

Malek Spinning Mills was the most traded stock, with shares worth Tk 111.50 million changing hands, followed by Beach Hatchery, Dragon Sweater and Spinning, Khulna Printing & Packaging, and ADN Telecom.

The Chittagong Stock Exchange (CSE) also ended down, with its All Share Price Index (CASPI) decreasing by 29.79 points to settle at 14,354, and the Selective Categories Index (CSCX) decreasing by 19.5 points to settle at 8,737.

The port city bourse traded 6.17 million shares and mutual fund units, with a turnover volume of Tk 320.22 million.

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