Bearish trend continues

Stock markets yesterday closed the session of the week with downward trend further due mainly to price fall in large-cap securities with lower transactions.

The falling major sectors were financial institutions and ceramics. A total of 233 securities of large-cap group moved down due to lower activities, reports BSS. The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 88.01 points down at 5,091.48.

The Shariah DSES and the blue-chip DS30 also followed the same trend with 24.38 points down at 1,166.37 and with 34.76 points down at 1,815.53. The day's trade value at DSE fell to Taka 306.07 crore which was Taka 354.05 crore on Sunday while the daily trade stood at 10.95 crore shares.

At DSE, out of the day's 352 securities, prices of 37 securities closed higher against 303 losing issues and 12 issues remained unchanged. CSE closed the day of the week with downward trend with its major CASPI 261.75 points down at 15,619.57. 

 The top five gainer companies were SEML FBSL Growth Fund, VAMLRBBF, National Polymer, Matin Spinning and ICB3RDNRB. The top five loser companies were BIFC, Monno Ceramics, 1STPRIMFMF, Prime Finance and Union Capital. GP topped the turnover list followed by Monno Ceramics, Fortune, Square Pharma and UPGDCL.At CSE, 278 issues were traded. Of those, 40 closed higher and 220 closed lower when 62.27 lakh shares worth Taka 14.41 crore changed hands.