Business Desk :
The market extended the losing streak for the second straight sessions on Monday as shaky investors continued their profit booking on quick-gaining stocks.
The market swung between positive and negative several times before ending marginally lower due to profit booking sell-offs on sector-wise stocks.
The DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 22.43 points or 0.37 per cent to settle at 6,013.
Market experts said the cautious investors continued to book profit on stocks that saw a significant gain in the past few trading days, taking the market into the red territory.
As the market was on a rising trend in the last few days, many stock prices were up by at least 10 per cent to 15 per cent, so investors are taking in their profits now, said a top broker.
Two other indices also ended lower with the DSE 30 Index, comprising blue chips, fell by 19.58 points to finish at 2,172 and the DSE Shariah Index (DSES) shed 8.83 points to close at 1,284.
Turnover, a crucial indicator of the market, dipped below a Tk 20 billion-mark after eight sessions and amounted to Tk 17.40 billion on the DSE, which was 16 per cent lower than the previous day’s mark of Tk20.69 billion.
