Stocks fall again

The stock market fell today just after rising for a day.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), fell 4 points, or 0.07 per cent, to 6,208.

Turnover, an important indicator of the market, soared 7 per cent to Tk 1,599 crore. At the DSE, 159 stocks advanced, 186 fell and 27 remained unchanged.

Sonali Life Insurance topped the gainers' list that rose 440 per cent on the DSE followed by Tung Hai Knitting, Paper Processing & Packaging, CVO Petrochemical Refinery, and Tamijuddin Textiles.

Stocks of Beximco Ltd was traded highest that worth Tk 120 crore followed by Power Grid Company, BD Finance, Sonali Life Insurance, and LafargeHolcim Bangladesh.

Purabi General Insurance shed mostly that lost 6.39 per cent followed by Monno Fabrics, Phoenix Insurance, Reliance Insurance, and Green Delta Insurance.

Though the DSE fell, the Chittagong Stock Exchange (CSE) surged today. The CASPI, the general index of the port city bourse, rose 38 points, or 0.21 per cent, to 18,040.

Among the traded 306 stocks, 130 rose, 147 fell and 29 remained unchanged.