BUSINESS

Stocks continue plummeting

The majority of stocks on the Dhaka and Chittagong stock exchanges declined for the third consecutive day on account of lingering economic uncertainties at home and abroad.

On the Dhaka Stock Exchange (DSE), just 60 businesses’ shares rose, while 136 declined and 174 could not manage to find a buyer.

DSEX, the benchmark index of Bangladesh’s major exchange, fell 21 points, 0.33 percent, to 6,489.

The DSES, an index based on shariah law, fell 0.52 percent to 1,413. The blue-chip DS30 index declined 0.66 percent to 2,316.

Orion Pharma was the most actively traded stock, with transactions totaling Tk 119 crore. Bangladesh Export Import Company had revenue of Tk 94 billion.

The Caspi, the all-share index of the port city’s stock exchange, slipped 25 points, or 0.13 percent, to 19,156 at the close of trading. Only 54 securities rose, 94 declined, and 104 were constant.

The revenue decreased by more than 10% to Tk 103 billion.

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