Stocks fall, as investors booked profits

The Daily Star  June 07, 2021
Star Business Report

The stock market fell today thanks to the profit booking tendency of the investors.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), dropped 62 points, or 1.03 per cent, to 5,975.

Turnover, another important indicator of the market, also fell 21 per cent to Tk 2,083 crore.

At the DSE, 98 stocks advanced, 242 fell and 27 remained unchanged.

National Housing Finance Corporation topped the gainers’ list that rose 10 per cent on the DSE floor followed by Desh Garments, Pioneer Insurance, Lub-rref Bangladesh, Aman Cotton Fibrous.

Beximco Ltd became the top traded stock with shares worth Tk 247 crore changing hands followed by LankaBangla Finance, Fortune Shoes, Pioneer Insurance and SAIF Powertec.

First Security Islami Bank shed the most that lost 12.5 per cent followed by Exim Bank, Standard Bank, Beximco Ltd and CAPM IBBL Mutual Fund.

The Chittagong Stock Exchange (CSE) also fell today with the CASPI, the general index of the port city bourse, going down 189 points, or 1.08 per cent, to 17,317.

Among the traded 300 stocks, 86 rose, 191 fell and 23 remained unchanged.