Business

Stocks break two-day rising streak

The prime index of the Dhaka bourse fell 0.48% to 5,196 points

The indexes of the stock market in Bangladesh fell today, breaking a two-day rising streak of the previous week as jittery investors were reluctant to pour fresh funds amid economic uncertainties.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged down by 25.16 points, or 0.48 percent from the previous day to end today at 5,196.

Similarly, the DSES, the index that represents the Shariah-based shares, went down by 5.20 points, or 0.44 percent, to 1,162 while the DS30 index for the blue-chip stocks receded by 3.12 points, or 0.16 percent, to 1,935.

Out of the 393 issues that traded on the DSE trading floor, 66 advanced, 281 closed lower and the remaining 46 did not witness any price movement.

Turnover, which is an indicator to determine the cumulative value of shares traded, stood at Tk 313 crore, a decrease of 6.76 percent compared to the previous day's trading session.

The pharmaceuticals sector dominated the market activities, which was accountable for 20.42 percent of the day's total turnover.

Food and allied, telecom, and mutual fund were the top three sectors that closed in the positive territory, while services & real estate, ceramics, and textile became the top three sectors that closed in the negative today.

 

At the Chittagong Stock Exchange, the CASPI, the premier index of the port city bourse, also experienced a similar fall as the index dropped by 54.64 points, or 0.38 percent, to settle the day at 14,468.

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Stocks break two-day rising streak

The prime index of the Dhaka bourse fell 0.48% to 5,196 points

The indexes of the stock market in Bangladesh fell today, breaking a two-day rising streak of the previous week as jittery investors were reluctant to pour fresh funds amid economic uncertainties.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged down by 25.16 points, or 0.48 percent from the previous day to end today at 5,196.

Similarly, the DSES, the index that represents the Shariah-based shares, went down by 5.20 points, or 0.44 percent, to 1,162 while the DS30 index for the blue-chip stocks receded by 3.12 points, or 0.16 percent, to 1,935.

Out of the 393 issues that traded on the DSE trading floor, 66 advanced, 281 closed lower and the remaining 46 did not witness any price movement.

Turnover, which is an indicator to determine the cumulative value of shares traded, stood at Tk 313 crore, a decrease of 6.76 percent compared to the previous day's trading session.

The pharmaceuticals sector dominated the market activities, which was accountable for 20.42 percent of the day's total turnover.

Food and allied, telecom, and mutual fund were the top three sectors that closed in the positive territory, while services & real estate, ceramics, and textile became the top three sectors that closed in the negative today.

 

At the Chittagong Stock Exchange, the CASPI, the premier index of the port city bourse, also experienced a similar fall as the index dropped by 54.64 points, or 0.38 percent, to settle the day at 14,468.

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