Stocks fall for second day

Stocks in Bangladesh fell for the second consecutive day today as the investors feared the rising fuel prices may leave a negative impact on the listed manufacturing companies.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), plunged 45 points, or 0.71 per cent, to close at 6,258.

Turnover also dropped to Tk 1,083 crore from the previous day's Tk 1,117 crore.

At the DSE, 103 stocks advanced, 211 declined and 66 remained unchanged.

Coppertech Industries topped the gainers' list with a 9.78 per cent rise. SK Trims, BD Thai Food & Beverage, Golden Son, and Sea Pearl Beach Resort & Spa also rose significantly.

Olympic Industries shed mostly that eroded 6.8 per cent. FAS Finance, Fareast Finance, International Leasing & Financial Services, and Mutual Trust Bank were also on the top losers' list.

Beximco Ltd became the most traded stock with shares worth Tk 80 crore changing hands followed by Malek Spinning Mills, Coppertech Industries, Olympic Industries, and Intraco Refueling Station.

The Chittagong Stock Exchange (CSE) also fell today.

The CASPI, all share price index of the port city bourse, dropped 96 points, or 0.52 per cent, to 18,438.

At the CSE, 91 stocks advanced, 121 fell and 61 were unchanged.