Stocks break gaining streak

Star Business Report

The stock market fell today breaking a four-day gaining streak.

DSEX, benchmark index of the Dhaka Stock Exchange (DSE), lost 15 points, or 0.22 per cent, to 6,771.

DS-30, the blue-chip stock index, soared 4 points to 2,426 on the day. The shariah index of the premier bourse, DSES, dropped 2 points to 1,466.

The index fell slightly, as investors took profits, according to market analysts.

Turnover, another important indicator of the market, fell 7 per cent to Tk 2,673 crore.

At the DSE, 138 stocks advanced, 216 declined and 20 remained unchanged.

Orion Infusions topped the gainers' list that rose 9.91 per cent followed by Shahjibazar Power, Metro Spinning, HR Textiles, and South Bangla Agriculture & Commerce Bank.

Stock of Beximco Ltd traded mostly that worth Tk 130 crore followed by IFIC Bank, LankaBangla Finance, Orion Pharmaceuticals, and LafargeHolcim Bangladesh.

Jute Spinners shed mostly that fell 6.12 per cent followed by Shyampur Sugar Mills, Al-Arafah Islami Bank, AB Bank, and One bank.

The port city bourse also fell today. The CASPI, the general index of the Chittagong Stock Exchange, fell 21 points, or 0.10 per cent, to 19,746.

Among 328 traded stocks, 125 advanced, 172 dropped, and 31 remained unchanged.