Business

Stocks fall for fourth consecutive day 

The DSEX lost 16.95 points to close at 4,719.38

Indices of the Dhaka Stock Exchange dropped today, extending their losing run for the fourth consecutive session. 

Earlier, the DSEX, the benchmark index of the premier bourse, gained 8.96 points, or 0.18  percent, to 4,745.30 as of 11:20 am.

But the positive momentum didn't sustain, and the index eventually closed down 16.95 points, or 0.35  percent, before closing at 4,719.38.

The Shariah-compliant DSES index rose slightly by 0.07 percent to 1,033.32, while the DS30, which represents blue-chip stocks, dropped 0.26 percent to 1,741.91.

Turnover, a key indicator of market activity, increased 20 percent to Tk 282.61 crore compared to the previous session. 

Of the issues traded, 148 advanced, 168 declined, and 77 remained unchanged. 

BBS Cables posted the highest gain, rising 10 percent, while BRAC Bank posted the biggest loss, dropping 9 percent.

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