Dhaka stocks fall for second straight day

The indices of the Dhaka Stock Exchange (DSE) fell for the second consecutive trading day today.

The DSEX, the benchmark index of the top bourse in Bangladesh, lost 25 points, or 0.4 per cent, to 6,234.

The DS30, the blue-chip index, deceased 0.24 per cent to 2,221 while the DSES, the shariah-compliant index, went down 0.25 per cent to 1,358.

Turnover, a key indicator of the market, dropped about 20.5 per cent to Tk 433 crore.

Of the securities, 17 advanced, 139 declined and 155 did not show any price movement.

Unilever Consumer Care made the highest gain with an increase of 20 per cent.

Monno Agro & General Machinery, Shyampur Sugar Mills, Renwick Jajneswar & Co, and Rangpur Foundry were among the top gainers.

Legacy Footwear was the highest loser, shedding 8 per cent.

Pragati Life Insurance, Dominage Steel Building Systems, Eastern Housing, and CAPM IBBL Islamic Mutual were also in the list of the significant losers.

Genex Infosys was the most-traded stock with its issues worth Tk 40 crore transacting.

Sea Pearl Beach Resort & Spa, Eastern Housing, Rupali Life Insurance Company, and BDCOM Online also registered significant turnover.

Meanwhile, Caspi, the all-share price index of the Chittagong Stock Exchange, went up 54 points, or 0.29 per cent, to close at 18,395.

Of the issues, 10 rose, 64 retreated and 75 did not see any price swing.

The turnover of the port city bourse increased more than two times to Tk 20.8 crore.