Stocks fall for fifth consecutive day

The stock market continued falling for five consecutive days as investors keep taking profits home today.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), fell 56 points, or 0.78 per cent, to 7,186.

In the last five days, the index fell 181 points.

Turnover at the DSE, however, rose 15 per cent to Tk 1,655 crore, down from Tk 1,433 crore a day earlier.

At the DSE, 65 stocks advanced, 287 fell and 24 remained unchanged.

SBAC Bank topped the gainers' list that rose 9.94 per cent followed by Monno Fabrics Fortune Shoes, NRB Commercial Bank, and Sonali Paper.

Orion Pharmaceuticals shed mostly that lost 9.54 per cent followed by Indo-Bangla Pharmaceuticals, Imam Button, Paper Processing & Packaging, and Far East Knitting.

Fortune Shoes became the top traded stock with shares worth Tk 134 crore changing hands followed by IFIC Bank, Orion Pharmaceuticals, LafargeHolcim Bangladesh, and NRB Commercial Bank.

The Chittagong Stock Exchange (CSE) also dropped today. The CASPI, the general index of the port city bourse, edged down 94 points, or 0.44 per cent, to 21,022.

Among the traded 310 stocks, 78 rose, 206 fell and 26 remained unchanged.