Stocks fall for selling spree

Share prices plunged today in Dhaka Stock Exchange (DSE) due to the selling spree of the investors amid the deterioration of the pandemic situation.

The DSEX, the benchmark index of the DSE, plummeted 65 points, or 0.93 per cent, to 6,926.

At the DSE, 72 stocks advanced, 264 fell and 44 remained the same.

Turnover, an important indicator of the stock market, of the premier bourse dropped 8 per cent to Tk 1,215 crore from the previous day 

Among the highest traded stocks, Union Bank was topper that was traded Tk 90 crore followed by Beximco Ltd, Bangladesh Shipping Corporation, National Polymer and Queen South Textiles.

BD Thai Food topped the gainers' list that soared 10 per cent followed by Union Insurance, National Polymer, Bangladesh Building Systems, and BD Lamps.

National Feed Mills slipped mostly that eroded 8.7 per cent followed by National Life Insurance, Fortune Shoes, Meghna pet Industries and Safko Spinning.

The Chittagong Stock Exchange (CSE) also dropped today. The CASPI, the main index of the bourse of the port city, fell 190 points, or 0.93 per cent, to 20,298.

Among 305 traded stocks, 54 rose, 228 fell and 23 remained unchanged.