Monday, October 21, 2019 | ePaper

Price fall in large-caps drives stocks down

  • Print


Economic Reporter :
Stock markets opened the week on Sunday with downward trend due mainly to price fall in large-cap securities despite higher transactions.
The falling major sectors were insurance and IT. A total of 197 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 48.19 points down at 5,763.73. The Shariah DSES and the blue-chip DS30 also followed the same trend with 3.12 points down at 1,320.28 and with 1.41 points down at 2,024.68.
The daily trade rose to 16.47 crore shares from Thursday's 16.18 crore shares and the day's trade value at DSE increased to Taka 812.77 crore from Taka 772.98 crore of the previous session.
At DSE, out of the day's 348 securities, prices of 72 securities closed higher against 247 losing issues. The major gaining issues were Fortune, JIMSMDL, Style Craft, Marico and Aramit. The major losing companies were BNICL, Central Insurance, Federal Insurance, Global Insurance and Agrani Insurance.
UPGDCL topped the turnover list followed by Monno Ceramics, Fortune, BSCCL and Legacy Foot.
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 184.99 points down at 17,596.25.  At CSE, 277 issues were traded. Of those, 66 closed higher and 188 closed lower when 84.36 crore shares worth Taka 27.01 crore changed hands.

More News For this Category

BEZA launches one-stop service centre today

Economic Reporter :Bangladesh Economic Zones Authority (BEZA) is set to launch its 'One Stop Service (OSS) Centre' formally tomorrow for providing all necessary services to the investors of the

Govt targets to reduce time of import, export

Economic Reporter :The government has targeted to reduce the time of import to two days and export to one day by 2022.Currently, it takes eight days for releasing import

Syed Waseque Md. Ali, Managing Director of First Security Islami Bank Limited, poses for photograph with the participants of its Quarterly Business Conference organized by Chattogram Zone at its zonal office on Saturday. Abdul Aziz, AMD, Md. Mustafa Khair, Md. Zahurul Haque, DMDs and Md. Hafizur Rahman, Chattogram Zonal Head of the bank were also present.

Syed Waseque Md. Ali, Managing Director of First Security Islami Bank Limited, poses for photograph with the participants of its Quarterly Business Conference organized by Chattogram Zone at its zonal office on Saturday. Abdul Aziz, AMD, Md. Mustafa Khair, Md. Zahurul Haque, DMDs and Md. Hafizur Rahman, Chattogram Zonal Head of the bank were also present.

.

Policy reformation, modernisation needed for strong financial market

UNB, Dhaka :Prime Minister's Economic Affairs Adviser Dr Mashiur Rahman on Saturday said policy reformation, modernisation and policy simplification are needed for a strong financial market.He also called upon

Md Arfan Ali, President & Managing Director of Bank Asia Ltd, presiding over a Seminar on 'Foreign Direct Investment (FDI) & It's Reporting' at a city hotel on Saturday. Md Nazrul Islam, General Manager of  Foreign Exchange Investment Department of Bangladesh Bank and Md Sazzad Hossain, DMD and Md Zia Arfin, Head of International Division of Bank Asia, among others, were present.

Md Arfan Ali, President & Managing Director of Bank Asia Ltd, presiding over a Seminar on 'Foreign Direct Investment (FDI) & It's Reporting' at a city hotel on Saturday. Md Nazrul Islam, General Manager of Foreign Exchange Investment Department of Bangladesh Bank and Md Sazzad Hossain, DMD and Md Zia Arfin, Head of International Division of Bank Asia, among others, were present.

.

Syed Waseque Md Ali, Managing Director of First Security Islami Bank Limited, poses along with participants for photograph after attending the bank's Quarterly Business Conference at its Khulna Zonal office recently. Md Mustafa Khair, Deputy Managing Director and Md Abdur Rashid, Zonal Head of Khulna, among others, were present.

Syed Waseque Md Ali, Managing Director of First Security Islami Bank Limited, poses along with participants for photograph after attending the bank's Quarterly Business Conference at its Khulna Zonal office recently. Md Mustafa Khair, Deputy Managing Director and Md Abdur Rashid, Zonal Head of Khulna, among others, were present.

.

US-Bangla airlines gets 4th ATR

Economic Reporter :US-Bangla airlines, one of the country's private carriers, today added a brand new 72-seat turboprop ATR 72-600 aircraft as part of its plan to increase flight frequency

Stocks continue to bleed

Economic Reporter :Stocks extended the losing streak for the third straight week that ended on Thursday as worried investors continued their selling binge on large-cap shares.Week on week, DSEX,

FTA being prioritized for trade expansion: Tipu

Economic Reporter :Commerce Minister Tipu Munshi on Saturday said the government is giving highest priority to free trade agreement (FTA) for expansion of the country's trade and export."We need

Emerging markets come off the boil for Nestle, Unilever

Reuters :Global consumer goods companies have been banking on emerging markets to drive their growth, so signs on Thursday that sales have come off the boil in the once-booming