Stocks continue to slide down
Staff Correspondent: Both the Stock markets were down further on Monday with all the indexes sliding down as most of the major sectors closed lower while daily transactions were falling down.
Among the falling major sectors were travel and leisure, textile, mutual fund, engineering and food and allied when 197 securities of the large-cap group incurred losses due to lower activities. Fuel and power sectors advanced at the day's closing marginally.
The major DSEX index of Dhaka Stock Exchange (DSE) declined 79.64 points to close at 5,421.21, when the blue-chip DS30 and Shariah DSES finished the day 24.78 points down to 1978.46 and 14.73 points down to 1260.06 respectively.
The transaction at DSE was 32.54 core shares and the total value of the share was Taka 1074.52 crore.
At DSE, out of the day's 327 traded issues, the price of 68 securities closed lower against 249 gaining issues.
Baraka Power, Rahim Textile, Shasha Denims, MBL First Mutual Fund and Fine Foods were the day's top gainers while the major losers were Peninsula Chittagong, FEKDIL, Prime First Mutual Fund, RSRM Steel and Gemini Sea.
Baraka Power topped the turnover list followed by RSRM Steel, Islami Bank, Beximco and Lanka Bangla Finance. Like on Sunday, Chittagong Stock Exchange (CSE) also finished Monday's session in red, with major CASPI index closing 202.10 points down at 16,785.07.