Stocks fall for second day

Stocks fell for the second consecutive day today, but the turnover experienced a 20 per cent rise.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged down 8 points, or 0.13 per cent, to 6,384.

The DS30, the blue-chip index, dropped 0.14 per cent to 2,242 while the DSES, the index that represents shariah-based companies, down 0.34 per cent to 1,396.

On the DSE, 68 securities advanced, 74 declined, and 220 did not see any movement.

Turnover, one of the important indicators of the market, increased 20 per cent to Tk 1,494 crore.

Summit Alliance Port topped the gainers' list, advancing around 14 per cent. Samorita Hospital, Cartered Life Insurance, Malek Spinning Mills, and Apex Foods also rocketed by more than 8 per cent.

Eastern Housing suffered the sharpest fall, giving up 9 per cent. Indo-Bangla Pharmaceuticals, ADN Telecommunication, Lub-rref (Bangladesh) were also among the major losers.

The Caspi, the all-share price index of the Chittagong Stock Exchange, rose 20 points, or 0.10 per cent, to close at 18,899.

Of the issues that traded on the bourse in the port city, 64 advanced, 54 declined, and 121 did not show any price movement.