Stocks fall for second consecutive day

Indices of the Dhaka and Chittagong stock exchanges fell for the second consecutive session today.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), lost 11 points, or 0.17 per cent, to 6,245.

The DS30, the blue-chip index, fell 0.20 per cent to 2,222 while the DSES, the shariah-compliant index, dropped 0.10 per cent to 1,366.

Turnover, a key indicator of the market, edged down 0.46 per cent to Tk 431 crore.

Of the securities, 27 advanced, 137 declined and 146 did not show any price movement.

Bangladesh Lamps made the highest gain of 8.7 per cent.

Beach Hatchery, Monno Agro & General Machinery, Bengal Windsor Thermoplastics, and Agricultural Marketing Company were also on the top gainers' list.

ICB AMCL CMSF Golden Jubilee Mutual Fund was the highest loser, shedding more than 30 per cent.

Orion Infusion, Reliance Insurance, Pragati Insurance, and Bangladesh General Insurance Company were also among the significant losers.

Sonali Paper & Board Mills was the most-traded stock with its issues worth Tk 37 crore transacting.

Genex Infosys, Shinepukur Ceramics, Bangladesh Shipping Corporation, and Bangladesh Lamps also registered significant turnover.

The Caspi, the all-share price index of the Chittagong Stock Exchange, went down 27 points, or 0.14 per cent, to close at 18,434.

Of the issues, 17 rose, 60 retreated and 55 did not see any price swing.

However, the turnover of the port city bourse rose 53 per cent to Tk 5.7 crore.