Stocks continue to bleed for fifth day

The prime index of the Dhaka Stock Exchange continued to fall for the fifth consecutive day today when the turnover also hit a seven-month low.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), fell 65 points, or 0.95 per cent, to 6,852.

Turnover at the premier bourse slid 24 per cent to Tk 849 crore, which is the lowest since April 27 this year when it was Tk 824 crore, according to the DSE data.

Sena Kalyan Insurance topped the gainers' list that rose 9.94 per cent followed by Acme Pesticides, Shurwid Industries, and Anwar Galvanizing.

Stocks of Beximco Ltd traded mostly that worth Tk 117 crore followed by One Bank, Paramount Textiles, IFIC Bank and Genex Infosys.

LR Global Mutual Fund One shed mostly that down 9.87 per cent followed by Shyampur Sugar Mills, National Tea, KDS Accessories and The Peninsula Chittagong.

At the DSE, 89 stocks advanced, 241 declined and 32 remained unchanged.

The Chattogram Stock Exchange (CSE) also witnessed the same fate.

The CASPI, the main index of the port city bourse, shed 211 points, or 1.04 per cent, to 20,058.

Among 260 traded stocks, 55 up, 182 down and 23 remained unchanged.