Plunge extended in stocks

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Economic Reporter :
Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), finished on Monday’s trading session extending the losing streak of previous sessions as the risk-averse investors rushed to book quick profit on sector-wise issues following the recent price upsurge.
At DSE, the broad index, DSEX settled at 5012.12 points on Monday with a big loss of 76.74 points or 1.50 percent.
Besides, two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went down by 25.90 points and 15.26 points to settle at 1726.96 points and 1138.11 points respectively.
On the DSE trading floor, a total number of 210,880 trades were executed in Monday’s trading session with a trading volume of 489.00 million securities.
On the other hand, DSE’s turnover, a crucial indicator of the market, stood at Taka 9.77 billion from Taka 11.03 billion in the previous session.
Losers took lead over gainers as out of 355 issues traded, 82 securities gained price while 259 declined and 14 remained unchanged.
The market-cap of DSE decreased to Taka 3,795 billion which was Taka 3,839 billion in the previous session.
The top 10 gainers were ICB Employees Provident Mutual Fund 1 Scheme 1, SEML IBBL Shariah Fund, ICB AMCL 3rd NRB Mutual Fund, Van Guard AML Rupali Bank Balanced Fund, Miracle Industries, First Bangladesh Fixed Income Fund, SEML Lecture Equity Management Fund, CAPM IBBL Islamic Mutual Fund, Rupali Insurance and Exim Bank First Mutual Fund.
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