Stocks sink for sixth day

Business Desk :

The capital market extended its decline for the sixth straight session on Tuesday, with both the Dhaka and Chittagong stock exchanges closing lower amid widespread losses.

At the end of the day’s trade, the DSEX, the benchmark index of the DSE, shed 28 points. Among other indices, the Shariah-based DSES dropped 9 points and the blue-chip DS30 fell 15 points.

Of the 397 issues traded, 115 advanced, 222 declined and 60 remained unchanged, reports UNB.
Price falls were seen across all categories – A, B and Z. In the A-category, which comprises companies offering the highest dividends, 65 issues gained, 124 lost value and 29 remained unchanged out of 218 traded.

In the block market, 32 companies exchanged shares worth Tk 44 crore, led by Orion Infusion with Tk 22 crore in trades.

Indices gain in first hour trading at DSE-CSE bourses
Turnover at the DSE stood at Tk 665 crore, higher than the previous day’s Tk 610 crore.
Silva Pharmaceuticals topped the gainers’ list with a rise of over 9 per cent, while Social Islami Bank PLC was the day’s biggest loser, sliding more than 6 per cent.