BSS
  13 Oct 2021, 16:56

Stocks extend losing streak on selling spree

     DHAKA, Oct 13, 2021 (BSS) - 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 prime index of the Dhaka Stock Exchange (DSE), went down by 
65.54 points or 0.90 per cent to 7,248.44. Two other indices also ended lower 
with the DSE 30 Index, comprising blue chips, fell 32.31 points to finish at 
2,717.57 and the DSE Shariah Index (DSES) shed 24.44 points to close at 
1,566.60.

     Turnover, a crucial indicator of the market, amounted to Taka 19,529.92 
million which was Taka 18,638.01 million at the previous session of the week. 

     Losers took a strong lead over the gainers, as out of 376 issues traded, 
241 declined, 106 advanced and 29 issues remained unchanged on the DSE 
trading floor.

     Fortune topped the turnover chart, followed by LHBL, IFIC, Orion Pharma 
and Beximco. 

     NRBC Bank was the day's top gainer, posting a 9.96 per cent gain while 
FEKDIL was the worst loser, losing 7.39 per cent.

     The Chittagong Stock Exchange (CSE) ended sharply lower with its 
Selective Categories Index - CSCX- losing 104.57 points to close at 
12,724.21.

     Of the issues traded, 203 declined, 89 and 23 issues remained unchanged 
on the CSE.

     The port city's bourse traded 1.78 crore shares and mutual fund units 
with a turnover value of Tk 61.51 crore.