Stocks down further as major sectors dip

Stocks down further as major sectors dip


Stocks finished on Wednesday down trend further after previous two consecutive days upward trend as major sectors closing the session with falling trend at both the Dhaka and Chittagong Stock exchanges.Among the falling major sectors were pharmaceutical and chemical, engineering and food and allied when 148 securities of the large-cap group incurred loss due to lower activities.The broader index DSEX of DSE finished the session of the week 19.81 points down at 4671.26.

The Shariah DSES and the blue-chip DS30 also followed it by 5.39 points down at 1120.85 and 7.30 points down at 1756.48.CSE also finished the session down, with its major CASPI index closing ended over 41.44 points down at 14,372.62.The lower activates in DSE declined the trade value to Taka 554.95 crore for 13.42 crore shares which was lower than the previous session of the week when the transaction value was Taka 643.70 crore for 15.69 crore shares.At DSE, out of the day’s 322 traded issues, price of 87 securities closed higher against 191 losing issues. At CSE, issues traded 237 while 64 closed higher against 142 closed lower.The major gaining issues were Kohinoor Chemical, Golden Harvest, Style Craft, Paramount Textile and Gemini Sea Food. The major losing issues were Active Fine, AFC Agro, BD Auto Cars, Shympur Sugar and Fine Foods.Square Pharma topped the turnover leaders followed by Orion Infusion, Confident Cement, Shasha Denims and Fine Foods.


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