Stocks fall for second day

All indices of the Dhaka Stock Exchange (DSE) fell for the second consecutive day today.

The DSEX, the benchmark index of the top bourse in Bangladesh, lost 40 points, or 0.63 per cent, to 6,316.

The DS30, the blue-chip index, decreased 0.43 per cent to 2,188 while the DSES, the shariah-compliant index, went down 0.72 per cent to 1,372.

However, turnover, a key indicator of the market, dropped by 13.5 per cent to Tk 10,86 crore.

Of the securities, 25 advanced, 157 declined and 182 did not show any price movement.

Trust Islami Life Insurance made the highest gain with an increase of 9.9 per cent.

National Tea Company, Meghna Life Insurance Co, Rupali Life Insurance Company, Alif Industries were among the top gainers.

Mir Akhter Hossain Lt was the highest loser, shedding 10 per cent.

Simtex Industries, Meghna Pet Industries, Agni Systems, and Agrani Insurance Co were also in the list of the significant losers.

Associated Oxygen was the most-traded stock with its issues worth Tk 52 crore transacting.

Intraco Refueling Station, Meghna Life Insurance Co, Rangpur Dairy & Food Products, and Bangladesh Shipping Corporation also saw significant turnover.

Caspi, the all-share price index of the Chittagong Stock Exchange, plummeted 109 points, or 0.58 per cent, to close at 18,667.

Of the issues, 31 rose, 108 retreated and 92 did not see any price swing.

However, turnover of the port city bourse edged down 19 per cent to Tk 18.49 crore from the previous day.