Business

Stocks fall for sixth consecutive day

The benchmark index dropped 29.52 points to 5,044.85

Share prices fell for the sixth straight session at the Dhaka Stock Exchange (DSE) today as cautious investor sentiment continues to persist on the market.

The benchmark DSEX index had opened the day on a positive note, gaining 5.30 points, or 0.10 percent, to reach 5,079.67 at 11:12am. 

However, the momentum did not sustain, and the index eventually dropped 29.52 points, or 0.58 percent, to close at 5,044.85.

The Shariah-based DSES index declined 0.78 percent to end at 1,126.51, while the DS30, which comprises blue-chip stocks, fell 0.48 percent to 1,863.36.

Turnover, a key indicator of market activity, rose over 2 percent to Tk 359.04 crore from the previous session's Tk 351.24 crore, indicating a slight increase in trading activity despite the downtrend.

Of the 395 issues traded, 103 advanced, 234 declined, and 60 remained unchanged.

Progressive Life Insurance was the top gainer of the day, surging 9 percent, while shares of Uttara Bank plummeted by 21 percent.

Comments

Stocks fall for sixth consecutive day

The benchmark index dropped 29.52 points to 5,044.85

Share prices fell for the sixth straight session at the Dhaka Stock Exchange (DSE) today as cautious investor sentiment continues to persist on the market.

The benchmark DSEX index had opened the day on a positive note, gaining 5.30 points, or 0.10 percent, to reach 5,079.67 at 11:12am. 

However, the momentum did not sustain, and the index eventually dropped 29.52 points, or 0.58 percent, to close at 5,044.85.

The Shariah-based DSES index declined 0.78 percent to end at 1,126.51, while the DS30, which comprises blue-chip stocks, fell 0.48 percent to 1,863.36.

Turnover, a key indicator of market activity, rose over 2 percent to Tk 359.04 crore from the previous session's Tk 351.24 crore, indicating a slight increase in trading activity despite the downtrend.

Of the 395 issues traded, 103 advanced, 234 declined, and 60 remained unchanged.

Progressive Life Insurance was the top gainer of the day, surging 9 percent, while shares of Uttara Bank plummeted by 21 percent.

Comments

কানাডার সরকার গঠন করতে যাচ্ছে লিবারেলরা, সিবিসির পূর্বাভাস

সিবিসি বলছে, ৩৪৩টি আসনের মধ্যে তারা সংখ্যাগরিষ্ঠতা পাবে কিনা তা এখনো জানা যায়নি।

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