Price fall in large-cap drives stocks down

BSS
Published On: 16 Apr 2025, 19:08

DHAKA, April 16, 2025 (BSS) – Country's both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today plunged due to mainly price fall in large-cap securities.

DSEX, the broad index of the Dhaka Stock Exchange, declined further by 26.3 points to settle at a 4-month low of 5,106 points, as against 5,132 points in the previous trading session. 

Market analysts observed that the market mostly remained sell dominant as cautious investors adopted a watchful stance to closely monitor the market's trend. 

They mentioned that persistent uncertainties surrounding the potential impact of US tariffs, ongoing negotiations with the IMF over remaining loan tranches, feared tax hikes in current pre-budget discussions and the recent fuel price hike continue to weigh on the market’s momentum, dragging most scrips into the negative territory for consecutive sessions.

Meanwhile, market turnover declined by 11.1% to Taka 4.0 billion as against Taka 4.5 billion in the previous session. 

On the sectoral front, Pharma (15.9%) issues exerted the highest turnover, followed by Food (9.8%) and Bank (8.9%) sectors. Sectors mostly displayed dismal returns, out of which Mutual Fund (-2.6%), Services (-2.0%) and Cement (-1.4%) exerted the most corrections on the bourse today, while General Insurance (0.9%), Textile (0.6%) and Fuel (0.6%) exhibited marginal returns. 

Out of the 397 issues traded, 119 advanced, 210 declined and 68 remained unchanged.

The port city bourse, CSE, also settled on red terrain. The Selective Categories' Index (CSCX) and All Share Price Index (CASPI) fell by 26.3 and 48.0 points, respectively. 

  • Latest
  • Most Viewed
Israel army says sirens sound after missiles launched from Iran
Khaleda Zia returns home from Evercare Hospital
Almost 3,000 Australians seek to flee Israel-Iran conflict
NSA meets US Deputy Secretary of State
Japan prepares planes for Iran, Israel evacuations
UN Security Council to meet Friday on Israel-Iran war
Chile ups hake catch limits for small-scale fishermen
Juventus thump Al Ain in Club World Cup after Trump visit
Asian stocks drop after Fed warning, oil dips with Mideast in focus
Tennis fan at Halle hit by falling advertising board
১০