Price fall in large-cap drives stocks down

BSS
Published On: 06 May 2025, 18:29

DHAKA, May 06, 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, fell by 12.9 points or 0.3% to settle at 4,952 points, as against 4,965 points in the previous trading session. 

Market analysts observed that the market opened on a positive note with buying interest witnessed primarily in banking sector scrips. 

However, sellers gradually intensified their strengths, eroding the early optimism and dragging the benchmark index into negative territory with bears regaining the control of the market’s momentum. 

Market turnover also declined by 5.9 percent to Taka 5.5 billion as against Taka 5.8 billion in the previous session. 

On the sectoral front, Bank (29.9%) issues exerted the highest turnover, followed by Food (14.1%) and Mutual Fund (9.4%) sectors. 

Most of the sectors ended in red, out of which Paper (-3.3%), Services (-3.1%) and Engineering (-2.2%) exhibited the most negative returns on the bourse today. In contrast, Mutual Fund (2.5%), Bank (2.5%) and Tannery (1.3%) exhibited most gains. 

Out of the 397 issues traded, 115 advanced, 250 declined and 32 remained unchanged.

The port city bourse, CSE, however, settled on a mixed note. The Selective Categories' Index (CSCX) inched up by 1.9 points, while All Share Price Index (CASPI) declined by 3.6 points, respectively. 

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