Wednesday, June 20, 2018 | ePaper

Price fall in large-caps drives stocks down

  • Print
Economic Reporter :
Stock markets opened the week on Sunday with downward trend due to mainly price fall in large-cap securities.
The falling major sectors were insurance and fuel and power. A total of 156 securities of the large-cap group moved down due to lower activities.
The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 43.37 points down at 5,323.29. The Shariah DSES and the blue-chip DS30 also followed the same trend with 8.17 points down at 1,229.87 and with 24.02 points down at 1,954.06.
The daily trade fell to 8.18 crore shares from Thursday's 9.43 crore shares and the day's trade value at DSE decreased to Taka 407.73 crore from Taka 454.41 crore of the previous session.
At DSE, out of the day's 335 securities, prices of 107 securities closed higher against 189 losing issues.

More News For this Category

Popular life Insurance Company Limited arranges a programme of claim settlement payments of Tk 2, 50, 87808.00 against 677 checks at Sylhet recently. M Mozammel Hoque, Adviser, BM Yousuf Ali, CEO of the company, Gokul Chand Das, Member and Khalil Ahmed, Executive Director of Insurance Regulatory Authority were also present.

Popular life Insurance Company Limited arranges a programme of claim settlement payments of Tk 2, 50, 87808.00 against 677 checks at Sylhet recently. M Mozammel Hoque, Adviser, BM Yousuf Ali, CEO of the company, Gokul Chand Das, Member and Khalil Ahmed, Executive Director of Insurance Regulatory Authority were also present.

Amazon flexes muscles, Seattle backs down on business tax

AP :Amazon balked and Seattle is backing down. City leaders said they plan to repeal a tax on large companies such as Amazon and Starbucks as they face mounting pressure

Nikkei index down more than 1.7 pc over trade row

AFP, Tokyo :Tokyo's benchmark Nikkei index dropped more than 1.7 percent on Tuesday, with investors jittery over US-China trade tensions and a strong yen.The Nikkei 225 index fell 1.77 percent

Asian, European stocks plunge as China-US trade war fears brew

AFP, Hong Kong :Hong Kong and Shanghai stocks led a sell-off across Asian and European markets Tuesday on rising trade war fears after Donald Trump threatened fresh tariffs on Chinese

Apple fined millions for Australia false iPhone claims

Apple was Tuesday fined Aus$9 million (US$6.7 million) by an Australian court for making false claims about consumer rights when refusing to fix faulty iPhones and iPads previously repaired by

Stocks witness a tedious session

Economic Reporter :Stocks witnessed a tedious session on Tuesday as all indices on the country's two bourses- the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE)-gained marginally on

Remittances inflow reaches $887m in first 2 weeks of June

Economic Reporter :The country received nearly US$ 900 million in remittances in the first half of the current month as overseas Bangladeshis sent higher volume of money back home ahead

Alauddin made Sonali Bank GM

Alauddin made Sonali Bank GM

Business Desk :Mohammad Alauddin was promoted to General Manager and joined Sonali Bank General Managers' office in Rajshahi on May 31, 2018.Prior, he worked as the branch head of Agrani

Robi introduces cloud conferencing solution

Robi introduces cloud conferencing solution

Business Desk :The leading digital service provider, Robi, has recently introduced cloud conferencing solution. Robi's Enterprise Business Solutions division aims to enrich the lives of its enterprise clients by helping

eGeneration to provide Microsoft solutions to DBBL

eGeneration to provide Microsoft solutions to DBBL

Business Desk :The eGeneration Limited, a Licencing Solutions Partner (LSP) of Microsoft Bangladesh, has signed an agreement with Dutch Bangla Bank Limited (DBBL) to provide Microsoft solutions, according to a