On Wednesday, the benchmark equity index experienced a significant drop of 2.36%, marking its largest single-day decline in 31 months, closing at Tk 5,453.99. This decline was influenced by a record penalty of Tk 4.28 billion imposed by the securities regulator on manipulators of Beximco’s share prices, along with rising tensions in the Middle East due to missile attacks on Israel. The DSEX index lost a total of 205 points over three consecutive sessions, with 28 out of 30 blue-chip stocks shedding up to 9.41% of their prices. A total of 398 issues were traded, with 347 declining, 29 gaining, and 22 remaining unchanged. The blue-chip DS30 index fell by 2.51% or 51.32 points to close at 1,988.88 points. Fu Wang Food was the worst performer, losing 9.92% to close at Tk 11.8, while Desh Garments topped the gainers, rising 9.95% to Tk 77.30. The Chittagong Stock Exchange also fell, with the CASPI index dropping 1.96% or 306 points to close at 15,291 points, as the overall market capitalization declined across all sectors.
Source for more details:
