Dhaka stocks fall for fourth day

Business Report:

The benchmark index of the Dhaka Stock Exchange ended today’s trading lower, extending its losing streak for the fourth consecutive day.

The DSEX, the main index of the bourse, declined 57.03 points, or 1.05 percent, to settle at 5,351.03.

The other indices also posted negative performances before the end of the day’s trading. The Shariah-compliant DSES fell 0.69 percent to 1,162.35, while the DS30, comprising blue-chip shares, dropped 1.48 percent to close at 2,066.64.

However, turnover, a key gauge of investor participation, rose to Tk 760.64 crore, up from Tk 706.40 crore in the previous session.

A total of 228,460 trades were executed, while block transactions amounted to Tk 47.36 crore across 30 scrips.

Market breadth was negative, with 109 stocks advancing, 247 declining, and 45 remaining unchanged.