Stocks on the Dhaka Stock Exchange (DSE) extended their losing streak for a second straight session on Tuesday, with prices falling for most companies amid a slight decline in overall turnover.
On the third trading day of the week, the benchmark DSEX slipped 18 points, while the Shariah-based DSES shed 1 point and the blue-chip DS30 slipped 9 points.
Market breadth remained negative as 238 issues declined against 131 gainers, while 27 securities closed unchanged.
Despite the easing trend, turnover stayed above Tk 1,200 crore for the third consecutive session. Total transactions amounted to Tk 1,222 crore, down from Tk 1,257 crore in the previous session.
In the block market, shares worth Tk 17 crore of 40 companies were traded, with Fine Foods Limited accounting for the highest turnover at Tk 1.5 crore.
AB Bank PLC topped the gainers’ list on the DSE, rising nearly 9.5 percent, while Bay Leasing and Investment Limited sank about 9.5 percent to finish at the bottom.
The bearish sentiment also weighed on the Chittagong Stock Exchange (CSE), where the overall CASPI index fell 13 points.
At the port city bourse, 110 issues declined against 94 gainers, while 27 remained unchanged. Turnover, however, improved to Tk 21 crore from Tk 13 crore a day earlier.
Prime Finance and Investment Limited emerged as the top gainer on the CSE with a 10 percent rise, while ICB AMCL First Agrani Bank Mutual Fund lost 10 percent to end as the worst performer.
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