Business

Stocks end five-day gaining streak 

The DSEX lost 1.38 points to close at 4,838.39

Indices on the Dhaka Stock Exchange (DSE) dropped today, breaking the five-day winning streak.

The DSEX, the benchmark index of the premier bourse, lost 1.38 points, or 0.02 percent, to close at 4,838.39.

The Shariah-compliant DSES index declined slightly by 0.06 percent to 1,060.75, while the DS30, which represents blue-chip stocks, dropped 0.03 percent to 1,816.51.

Turnover, a key indicator of market activity, was Tk 464.53 crore, down from Tk 494.34 crore in the previous session. 

A total of 143,264 trades were executed during the session, with block transactions amounting to Tk 20.06 crore across 36 scrips.

Market breadth was negative, with 130 issues advancing, 205 declining, and 65 remaining unchanged. 
Among A-category shares, 72 advanced, 118 declined, and 29 were unchanged. In the B category, 33 scrips gained and 42 declined, while the N category saw one issue advancing.

Performance across other segments was mixed. In mutual funds, 5 issues advanced and 19 declined. In corporate bonds, three issues advanced and one declined.

Two government issues advanced and two declined.

Meghna Pet Industries posted the highest gain of the day, surging 9 percent, while Uttara Finance and Investments was the worst performer, shedding 8 percent.

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