Stocks fall after a day’s gain

The prime index of Dhaka Stock Exchange (DSE) fell yesterday on making gains the day before. 

The DSEX, the benchmark index of the top bourse in Bangladesh, lost 11 points, or 0.18 per cent, to reach 6,231.

The DS30, the blue-chip index, decreased 0.26 per cent to reach 2,217 points while the DSES, the Shariah-compliant index, went down 0.34 per cent to 1,355 points.

However, turnover, a key indicator of the market, rose 24 per cent from that on the previous day to reach Tk 563 crore.

Of the securities, 31 advanced, 102 declined and 201 did not show any price movement.

Union Capital Limited made the biggest gain with an increase of 10 per cent.

Rupali Life Insurance Company Limited, aamra networks limited, Rangpur Dairy & Food Products Limited and National Feed Mill Limited were among the top gainers.

Monno Agro & General Machinery Limited lost the most, shedding 4.4 per cent.

Renwick, Jajneswar & Co. (BD) Ltd, Beacon Pharmaceuticals Limited, Metro Spinning Limited and Legacy Footwear Limited were also in the list of those suffering significant losses.

Rupali Life Insurance Company Limited was the most-traded stock, with issues worth Tk 36 crore changing hands.

The Sea Pearl Cox's Bazar Beach Resort & Spa, aamra networks limited, ADN Telecom Limited and Genex Infosys Limited also accounted for significant turnovers.

Meanwhile, Caspi, the all-share price index of Chittagong Stock Exchange, dropped 10 points, or 0.05 per cent, to close at 18,390 points.

Of the issues, 27 rose, 38 retreated and 83 did not see any price movement.

The turnover of the port city bourse decreased by more than 13.9 per cent from that on the previous day to reach Tk 7 crore.