Dhaka stocks slide in early trade

Shares on the Dhaka Stock Exchange (DSE) declined in the morning trade today, extending their losing streak for the second session.

The DSEX, the benchmark index of the premier bourse, decreased 12.79 points, or 0.23 percent, to 5,479.54 by 12:02 pm, according to DSE data.

The mood was negative across the board: the Shariah-compliant DSES inched down 0.36 percent to 1,187, while the blue-chip DS30 went down 0.35 percent to 2,119.46.

Turnover, an indicator of investor activity, reached Tk 262.39 crore at the time.

Market breadth was negative, with 115 issues advancing against 196 declining, and 81 holding steady.

Among the notable moves, Peoples Leasing and Fin Services shot up 8.33 percent to top the gainers' list, while ACME Pesticides slid 5.14 percent, posting the worst fall of the session so far.