Stocks dip again amid low investor confidence

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Economic Reporter :
Stock markets on Monday closed with downward trend due mainly to price fall in large-cap securities aimed lack of investors’ confidence to the ongoing capital market.
The falling major sectors were textile, bank, engineering and financial institutions. A total of 217 securities of the large-cap group moved down due to lower activities.
The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 62.73 points down at 5,175.47. The Shariah DSES and the blue-chip DS30 also followed the same trend with 10.43 points down at 1,198.82 and with 20.17 points down at 1,835.75.
The daily trade fell to 8.01 crore shares from Sunday’s 9.18 crore shares and the day’s trade value at DSE decreased to Taka 298.61 crore from Taka 344.26 crore of the previous session.
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