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Stock markets continue to fall on the third day Tuesday

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The benchmark index of Dhaka stock Exchange (DSE) fell for the third consecutive days on Tuesday.

The investors preferred remaining on the sideline like the previous couple of days as the DSEX fell by 43.68 points or 0.62 per cent to settle at 6954.35 on Tuesday. The share and unit price of majority of companies decreased.

The shares of 376 companies were traded on the day, of which 201 firms saw a fall in prices, 147 firms witnessed increase and 28 companies remained unchanged.

Among other DSE indices, the shariah-based DSES fell by 6.28 points or 0.42 per cent and the blue chip DSE-30to 19.76 points or 0.75 per cent. Over Tk 1293 crore was traded on DSE on the day. The trade volume was Tk 1,275 crore in the previous day.

Prime Textiles topped the gainers’ list that rose 22 per cent followed by Evince Textiles, Far Chemical, Ring Shine Textiles, and Delta Spinners.

Stocks of Beximco Ltd traded mostly that worth Tk 124 crore followed by IFIC Bank, Alif Industries, Maksons Spinning, and Orion Pharmaceuticals.

Safko Spinning shed mostly with a 6.45 per cent drop followed by Mithun Knitting, Maksons Spinning, Bangladesh National Insurance, and Orion Pharmaceuticals.

The Chattogram bourse also fell today. The CASPI, the main index of the Chittagong Stock Exchange (CSE), dropped 134 points, or 0.65 per cent, to 20,404.

Among 289 stocks traded, 116 rose, 150 fell and 23 remained unchanged.

Source: United News of Bangladesh