Dhaka stocks fall for 2nd day in a row

Market indices of the Dhaka Stock Exchange yesterday fell for the second day in a row.

The DSEX, the benchmark index of the country's premier bourse, shed 25 points, or 0.4 per cent, to hit 6,234 points by the end of the session.

The DS30, which represents blue-chip stocks, deceased 0.24 per cent to 2,221 points while the DSES, comprised of shariah-compliant companies, edged down 0.25 per cent to 1,358 points.

Turnover, a key indicator of the market, dropped about 20.5 per cent to Tk 433 crore at the same time.

Of the securities traded, 17 advanced, 139 declined and 155 did not show any price movement.

Unilever Consumer Care made the highest gain with an increase of 20 per cent.

Monno Agro & General Machinery, Shyampur Sugar Mills, Renwick Jajneswar & Co, and Rangpur Foundry were among the top gainers as well.

Legacy Footwear was the highest loser, shedding 8 per cent.

Pragati Life Insurance, Dominage Steel Building Systems, Eastern Housing, and CAPM IBBL Islamic Mutual were also in the list of significant losers.

Genex Infosys was the most-traded stock with issues worth Tk 40 crore being transacted.

Sea Pearl Beach Resort & Spa, Eastern Housing, Rupali Life Insurance Company, and BDCOM Online also registered significant turnover.

Meanwhile, Caspi, the all-share price index of the Chittagong Stock Exchange, rose by 54 points, or 0.29 per cent, to close at 18,395 points.

Of the issues traded, 10 rose, 64 retreated and 75 did not see any price swing.

However, turnover of the port city bourse increased more than two times to Tk 20.8 crore.