Stocks end lower as large caps fare poorly


FE Report | Published: June 19, 2015 00:00:00 | Updated: November 30, 2026 06:01:00



Stocks edged down Thursday with both indices and turnover value falling marginally, amid choppy trading on the premier bourse.
The market Thursday opened marginally higher in the first hour, but failed to sustain the momentum in late trading, dragged down by the Banks, Cement and Telecommunication stocks.
"Selling spree was active on large cap stocks, while small cap sectors managed to end in the green," said a market commentary of the LanakaBangla Securities.
The broad index DSEX shed 0.16 per cent or 7.56 points to close at 4,519 points on the Dhaka Stock Exchange (DSE).
On Sunday last, the market started the week's first session with 4,515 points, which closed at 4,519 points on Thursday.
As a result, only 4.0 points were added to the broad index this week.
On Thursday, the DSE Shahriah Index declined by 0.22 per cent or 2.51 points to close at 1,101 points.
On the other hand, the DSE30, comprising of blue chips, was also down by 0.19 per cent or 3.45 points to close at 1,742 points.
At the end of the session, turnover value reached Tk 4.06 billion, which was 9.0 per cent less than that of the previous session.
Among 312 issues traded, 147 advanced, 121 declined and the remaining 44 remained unchanged.
Among the major gainers, Engineering and Pharma sectors were up by 1.27 per cent and 0.37 per cent respectively.
On the other hand, the Banks, Cement, NBFIs and Telecommunications were down by 0.28 per cent, 1.84 per cent, 0.82 per cent and 1.07 per cent respectively.
United Airways topped the chart of turnover leaders with a value of Tk 172 million, followed by IFAD Autos, BSRM, BEXIMCO and KPCL.
Hakkani Pulp was the number one gainer with a rise in 10 per cent to close at Tk 31.90.
The chart of top 10 gainers also included Anwar Galvanizing, Monno Ceramic, National Tubes and Prime Islami Life Insurance.
Samata Leather Complex was the day's worst loser with a fall in 9.44 per cent in market price, followed by Paramount Insurance, Shurwid Industries, Rahima Food and United Airways (BD).
Indices and turnover value also declined marginally on the Chittagong Stock Exchange (CSE).
The benchmark index CASPI shed 29 points to close at 13,893 on the port city bourse.
Among 240 issues traded, 94 advanced, 117 declined and the remaining 29 remained unchanged.
At the end of the day's session, the turnover value stood at more than Tk 318.48 million.
mufazzal.fe@gmail.com

Share if you like