Thursday, 6th October, 2022
Thursday, 6th October, 2022

Stocks extend losing streak

Stocks today extended the losing streak for the
third straight session as risk-averse investors opted for a quick profit on
major sector issues.

DSEX, the core index of the Dhaka Stock Exchange, slid 45.72 points or 0.72
per cent to settle at 6,311. Two other indices also ended lower. The DSE 30
Index, comprising blue chips, lost 19.15 points to finish at 2,295 and the
DSE Shariah Index (DSES) shed 9.11 points close at 1,378.

Turnover, the crucial indicator of the market, also dropped further to Taka
7.25 billion, which was 12 per cent lower than the previous day’s tally of
Taka 8.22 billion.

Losers took a strong lead over the gainers as 382 issues traded, 282
declined, 57 advanced and 43 issues remained unchanged on the DSE trading
floor.

Beximco was the most-traded stocks with shares worth Taka 384 million
changing hands, followed by Anwar Galvanizing (Taka 279 million), Fu-Wang
Food (Taka 237 million), JMI Hospital Requisite (Taka 191 million) and
Shinepukur Ceramics (Taka 159 million).

Imam Button was the top gainer, posting a 10 per cent gain while Tallu
Spinning Mills was the day’s worst loser, losing 2.0 per cent.

The Chittagong Stock Exchange (CSE) also kept losing with the CSE All Share
Price Index- CASPI- slumping 137 points to settle at 18,591 and the Selective
Categories Index- CSCX- shed 83 points to close at 11,145.

Of the issues traded, 211 declined, 34 advanced and 30 issues remained
unchanged on the CSE trading floor.

The port city’s bourse traded 22.44 million shares and mutual fund units with
turnover value worth over Taka 562 million.

Share this post: