Stocks fall for third day

Business Report :
All indices of the Dhaka Stock Exchange (DSE) fell slightly on Wednesday stretching the loss to the third straight day.
The DSEX, the benchmark index of the top bourse in Bangladesh, edged down 0.53 points, or 0.008 per cent, to 6,218.
The DS30, the blue-chip index, remained flat at 2,221 while the DSES, the shariah-compliant index, dropped 0.04 per cent to 1,359.
However, turnover, a key indicator of the market, dropped 21 per cent to Tk 257 crore.
Of the securities, 36 advanced, 120 declined and 152 did not show any price movement.
Rupali Life Insurance Company made the highest gain with an increase of 5.8 per cent.
Popular Life Insurance, Shinepukur Ceramics, Pragati Life Insurance, and Gemini Sea Food were also on the top gainers’ list.
Bangladesh General Insurance Company was the highest loser, shedding 7.3 per cent.
Bangladesh Lamps, Apex Footwear, Monno Ceramic Industries, and IT Consultants were also among the significant losers.
Shinepukur Ceramics was the most-traded stock with its issues worth Tk 15 crore transacting.
Bangladesh Shipping Corporation, Genex Infosys, Olympic Industries, and Sea Pearl Beach Resort & Spa also registered significant turnover.