Stocks break gaining streak

The Dhaka Stock Exchange (DSE) broke a four-day rising streak yesterday, when its turnover also experienced a drop.

The DSEX, the benchmark index of the Dhaka bourse, fell 22 points, or 0.35 per cent, to 6,393.

The DS30, the blue-chip index, dropped 0.57 per cent to 2,245 while the DSES, the index that represents shariah-compliant companies, fell 0.30 per cent to 1,401.

At the DSE, 48 securities advanced, 98 declined, and 208 did not see any movement.

Turnover, an important indicator, fell 3 per cent to Tk 1,235 crore.

Genex Infosys topped the gainers' list, advancing 9.99 per cent. Navana Pharmaceuticals, IT Consultants, Agni Systems, and Pragati Life Insurance also rocketed more than 9 per cent.

Doreen Power Generations and Systems suffered the sharpest fall, giving up 10.6 per cent.

Indo-Bangla Pharmaceuticals, Intraco Refueling Station, Desh General Insurance Company, and Fareast Islami Life Insurance were also among the major losers.

The CASPI, the all-share price index of the Chittagong Stock Exchange, dropped 39 points, or 0.20 per cent, to close at 18,879.

Of the issues traded at the port city bourse, 49 advanced, 65 declined, and 121 did not show any price movement.