Stocks continue to fall for fifth consecutive day

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Business Desk :
The stock market continued to keep falling for the fifth consecutive day.
Stocks witnessed a downward trend mainly due to price fall in large-cap securities on Sunday, reports BSS.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 56.80 points or 0.78% to 7,186.46.
Two other indices also ended lower with the DSE 30 Index, comprising blue chips, slumped 14 points to finish at 2,705.14 and the DSE Shariah Index (DSES) plunged 21.12 points to close at 1,546.32.
The index fell 181 points in the last five days.
Turnover, a crucial indicator of the market, increased to Tk1655.378 crore, which was Tk1433.878 crore at the previous session of the week.
Losers took a strong lead over the gainers, as out of 376 issues traded, 287 declined, 65 advanced and 24 issues remained unchanged on the DSE trading floor.
Fortune was the most-traded stock with shares, followed by IFIC, Orion Pharma, LHBL and NRBC Bank.
SBAC Bank was the day’s top gainer while Orion Pharma was the worst loser.
The Chittagong Stock Exchange (CSE) also ended the day flat with the CSE All Share Price Index – CASPI – losing 94.19 points to settle at 21,022.52 and the Selective Categories Index – CSCX closed the day with losing 57.93 points to close at 12,625.04.
Of the issues traded, 206 declined, 78 advanced and 26 remained unchanged on the CSE.
The port city’s bourse traded 2.11 crore shares and mutual fund units with a turnover value of Tk63.83 crore.

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