Stocks break 5-day gaining streak

block
BSS, Dhaka :
Stock markets closed on Monday down after breaking a rally that continued at both Dhaka and Chittagong stock exchanges in the past five sessions in a row.
The markets were upbeat in the last five-day, taking the broader index at the prime bourse up at close of every trading session since March 6.
The broader index of DSEX of Dhaka Stock Exchange (DSE) finished the session 16.54 points down at 5,659.72, with the DSES and the DS30 closing in red at 1307.27 and at 2043.38 respectively.
Chittagong Stock Exchange (CSE) also closed in red when its major index CASPI finishing 33.97 points down at 17,549.28.
At DSE, 158 securities closed lower against 123 gaining ones. Similarly, 132 issues incurred loss and 92 closed higher at Chittagong Stock Exchange (CSE) among the day’s 256 traded issues.
The daily trade value declined to Taka 1,001.33 crore from the previous day’s Taka 1,285.49 crore and the volume witnessed a fall of 33.82 crore shares from 38.81 crore shares. At CSE, the daily trade value was Taka 62.69 crore for 2.36 crore shares.
Textile, financial institutions, fuel and power and food and allied were the major falling sectors while the major advancing sectors included mutual fund and insurance.
The top five gaining securities at DSE were Prime Finance First Mutual Fund, Bangladesh General Insurance, Fu-Wang Food, IFIC and CNA Textile.
The top five losing issues were Al-Haj Textile, Lanka Bangla Finance, Deshbandhu Polymer, Baraka Power and Golden Harvest.
block