Stocks extend loss to open week as major sectors dip

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Economic Reporter :
Stocks continued to witness a downward trend as major indices on the two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – were in red zone on Sunday, the first day of the week.
Among the falling major sectors were banks, financial institutions and insurance. A total of 170 securities of the large-cap group incurred loss due to lower activities.
DSEX, the prime index of the DSE, lost 28.55 points to settle at 5,558.67 over the previous session. The Shariah DSES also followed the same trend with 5.35 points down at 1,301.53. But, the blue-chip DS30 closed the day with 1.83 points up at 2,075.37.
Turnover, an important indicator of the market, fell to Taka 378.79 crore from Thursday’s Taka 562.47 crore on the DSE. The daily trade volume also declined to 10.82 crore shares from previous session’s 14.88 crore shares.

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