Stocks fall for second day

Bangladesh stock market index continued to bleed for the second consecutive day today.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), plummeted 46 points, or 0.68 per cent, to 6,736.

Turnover, an important indicator of the stock market, hit Tk 807 crore, 2 per cent up from the previous day's Tk 786 crore at the DSE.

At the premier bourse, 100 stocks advanced, 241 declined and 33 remained unchanged.

Bangladesh Monospool Paper Manufacturing topped the gainers' list that rose 9.78 per cent followed by Paper Processing, Asia Insurance, National Tea, and ICB AMCL First Agrani Bank Mutual Fund.

Savar Refractories shed mostly that dropped 7.70 per cent, followed by Khan Brothers' PP Bag Woven Industries, Khulna Power, Beach Hatchery, and Fine Foods.

Stocks of Beximco Ltd traded mostly that worth Tk 128 crore followed by Genex Infosys, One Bank, Asia Insurance, and Sena Kalyan Insurance.

The Chittagong Stock Exchange (CSE) also dropped today. The CASPI, the main index of the port city bourse, declined 142 points, or 0.72 per cent, to 19,596.

Among 289 stocks traded, 69 stocks rose, 193 fell and 27 remained the same.