Dhaka,  Monday
20 May 2024

Dhaka stocks break 5-day rally 

Staff Reporter, Dhaka 

Published: 09:22, 8 May 2024

Dhaka stocks break 5-day rally 

Photo: Collected

The benchmark index of the Dhaka Stock Exchange (DSE) plunged on Tuesday, breaking a five-day gaining streak. An upward trend was seen at the beginning of the day's trading, but the prime index fell before the closing.

The DSEX, the prime index of the DSE, went down 1.74 points, or 0.03 per cent, to settle at 5,725.28. Likewise, the DSES, the index that represents Shariah-based firms, dropped 6.48 points, or 1.16 per cent, to 1,255.02 and the DS30, which comprises 30 best blue-chip stocks, fell 6.43 points, or 0.31 per cent to 2,040.39.

Turnover increased by 1.16 per cent to Tk 1,108 crore. Non-bank financial institutions, mutual fund and services, and real estate closed in positive territory while information technology, life insurance, and jute sectors closed on a negative note. 

Among the sectors, pharmaceuticals dominated the turnover chart, accounting for 8.75 per cent of the day's total turnover. Of the issues traded on the DSE, 131 nudged higher, 222 remained lower, and 41 did not see any price fluctuation. Best Holdings led the turnover chart, followed by Asiatic Laboratories and Golden Son.

Messenger/Disha

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