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Stocks extend losing streak

WT24 Desk

The fall that started last week on the country’s twin stock exchanges extended to the 7th straight session as investors’ participation remained subdued in absence of any sign of rebounding, agencies report. Key share price indices at the country’s twin bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — continued to fall for seventh trading session on Tuesday, the third trading day of the week.

 The DSE key index, DSEX lost 19.94 points or 0.44 percent to close at 4513.97 on the day. Of the 315 issues traded, 92 gained, 177 declined and 48 remained unchanged. Shares worth Tk 324.67 crore changed hands at the DSE on Tuesday as against Tk 334.95 crore on Monday.

Regent Textile Mills topped the loser’s list at Dhaka bourse while other companies were Information Services Network, Simtex Industries, Modern Dyeing & Screen Printing, Aims 1st Mutual Fund, Bank Asia, 4th ICB Mutual Fund, Prime Islami Life Insurance, Midas Financing and Tosrifa Industries.

The top five turnover leaders at the DSE were Beximco Pharma, Quasem Drycells, Square Pharmaceuticals, Emerald Oil Industries and Singer Bangladesh. Top five gainers at the DSE were Quasem Drycells, GQ Ball Pen, First Bangladesh Fixed Income Fund, Apex Tannery and Prime Textile.

The key index at the Chittagong Stock Exchange (CSE), CASPI slightly lost 6.25 points to reach 13813.82 at close on Tuesday. Of the 235 issues traded, 83 advanced, 115 suffered loss and 37 remained unchanged. The value of the traded issues at the port city bourse was Tk 21.45 crore on the day.

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