Stock bleeding continues

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Business Desk :
The stocks in Bangladesh continued to fall for the eighth consecutive day on Monday.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), plummeted 115 points, or 1.8 per cent, to 6,142.
At the DSE, 21 stocks advanced, 345 declined and 13 remained unchanged.
First Finance topped the gainers’ list with an 8.9 per cent rise. Delta Life Insurance, Southeast Bank, Nahee Aluminum Composite, and ICB AMCL Sonali Bank First Mutual Fund are also on the list.
First Bangladesh Fixed Income Fund shed mostly that dropped 1.96 per cent. Popular Life Insurance, Baraka Patenga Power, Coppertech Industries and Bata Shoe are also among the other companies in the loser tally.
Southeast Bank became the most traded stock with shares worth Tk 70 crore changing hands followed by IPDC Finance, Beximco Ltd, Delta Life Insurance, and Bangladesh Shipping Corporation.
The Chittagong Stock Exchange (CSE) also was in a falling trend. The CASPI, the all share price index of the port city bourse, plummeted 362 points, or 1.96 per cent, to 18,077.
Among the 276 stocks traded, 17 advanced, 242 fell and 17 remained the same.

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