Stocks snap gains

The indices of the Dhaka Stock Exchange (DSE) returned to the red today snapping a day's gain.

The DSEX, the benchmark index of the top bourse in Bangladesh, lost 12 points, or 0.20 per cent, to 6,207.

The DS30, the blue-chip index, decreased 0.04 per cent to 2,217 while the DSES, the shariah-compliant index, went down 0.29 per cent to 1,352.

Turnover, a key indicator of the market, fell 6.4 per cent to Tk 452 crore.

Of the securities, 19 advanced, 85 declined and 213 did not show any price movement.

Rangpur Dairy & Food Products made the highest gain with an increase of 4.1 per cent.

Unilever Consumer Care, Meghna Pet Industries, Fine Foods, and Zeal Bangla Sugar Mills were among the top gainers.

Bengal Windsor Thermoplastics was the highest loser, shedding 9.9 per cent.

Rupali Life Insurance Company, Meghna Life Insurance, IFIL Islamic Mutual Fund-1, and Metro Spinning were also on the list of the significant losers.

Rupali Life Insurance Company was the most-traded stock with its issues worth Tk 29 crore transacting.

Sea Pearl Beach Resort & Spa, Sonali Paper & Board Mills, Rangpur Dairy & Food Products, and Orion Pharma also registered significant turnover.

Meanwhile, Caspi, the all-share price index of the Chittagong Stock Exchange, dropped 28 points, or 0.15 per cent, to close at 18,323.

Of the issues, 10 rose, 45 retreated and 76 did not see any price swing.

However, the turnover of the port city bourse surged more than 60 per cent to Tk 23.44 crore.