Stocks fall for fifth day

Stocks in Bangladesh fell today, stretching the loss to the fifth consecutive session as shaky investors continued to sell shares amid the presence of a small number of buyers in the market.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), dropped 10 points, or 0.16 per cent, at 6,390 points.

Turnover dropped 17 per cent to TK 1,178 crore which was Tk 1,005 crore a day back.

The DS30, the index that consists of blue-chip companies, fell 0.28 per cent at 2,271, while the DSES, the Shariah-complaint index, was almost the same at 1,407.

At the DSE, 59 securities advanced, 81 declined, and 226 remained the same at the bourse.

Navana CNG topped the gainers' list with a 9.89 per cent rise. Navana Pharmaceuticals, ADN Telecom, Aramit Ltd, and Rangpur Foundry also advanced over 7 per cent.

Eastern Housing suffered the highest correction, sliding almost 10 per cent. Bangladesh Building Systems, Indo-Bangla Pharmaceuticals, JMI Hospital, and Bashundhara Paper Mills declined more than 6 per cent.

The CASPI, the all-share price index of the Chattogram Stock Exchange, plummeted 33 points, or 0.17 per cent to end at 18,820.

Of the issues on the port city bourse, 58 advanced, 57 declined, and 97 did not show any price movement.