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Price-fall in large-cap drives stocks further down


By BSS
Published : 22 May 2022 09:25 PM | Updated : 23 May 2022 01:26 PM

The country's both bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)-- today plunged further due to mainly price fall in large-cap securities.

DSEX, the key index of the Dhaka Stock Exchange, slid 115.56 points or 1.84 per cent to settle at 6,142.68. Two other indices also saw massive erosions.

The DS30 index, comprising blue chips, slumped 39.51 points to finish at 2,277.16 and the DSE Shariah Index (DSES) shed 21.31 points to close at 1,361.73.

Turnover, a crucial indicator of the market, stood at Taka 6.79 billion, which was 1.64 per cent higher than the previous day's tally of Taka 6.68 billion.

Out of 379 issues traded, 345 declined, 21 advanced and 13 issues remained unchanged.

Southeast Bank was the most-traded stock with shares worth Taka 702 million changing hands, closely followed by IPDC Finance, Beximco, Delta Life Insurance and Bangladesh Shipping Corporation.

The Chittagong Stock Exchange (CSE) also saw a massive decline with the CSE All Share Price Index (CASPI) shedding 382 points to settle at 18,057 and its Selective Categories Index (CSCX) losing 229 to close at 10,835.

Of the issues traded, 238 declined, 16 advanced and 22 issues remained unchanged on the CSE trading floor.

The port city bourse traded 7.23 million shares and mutual fund units with a turnover value of Taka 170 million.

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