Stocks fall for second day

Bangladesh's stocks fell for the second consecutive day today.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged down 5 points, or 0.09 per cent, to close the day at 6,280.

The DS30, the blue-chip index, plummeted 0.11 per cent to 2,228 while the DSES, the shariah-compliant index, dropped 0.05 per cent to 1,369.

However, turnover, a key indicator of the market, dropped about 22.8 per cent to Tk 580 crore.

Of the securities, 21 advanced, 152 declined and 165 did not show any price movement.

Sonali Aansh Industries topped the gainers' list with an increase of 6.8 per cent.

Sea Pearl Beach Resort & Spa, Monospool Paper Manufacturing, Shinepukur Ceramics, and Renwick Jajneswar & Co (Bd) were also in the top list.

Oimex Electrode became the highest loser by shedding more than 12 per cent.

Pragati Life Insurance, Reliance Insurance, Popular Life Insurance, and BD Thai Food & Beverage also suffered substantial losses as well.

Bangladesh Shipping Corporation was the most-traded stock on the day with its shares worth Tk 55 crore transacted.

Genex Infosys, Shinepukur Ceramics, Sea Pearl Beach Resort & Spa, and Orion Pharma also saw significant turnover.

The Caspi, the all-share price index of the Chittagong Stock Exchange, lost 52 points, or 0.28 per cent, to 18,534.

Of the issues, 21 rose, 64 retreated and 62 did not see any price swing in the Chattogram bourse.

Turnover of the port city bourse dropped 58.5 per cent to Tk 7.3 crore from the previous day's Tk 17.6 crore.