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Stocks ended 10 points down in the premier bourse on Thursday, extending its losing streak to the last trading session of the week, as investors preferred to sell off their holdings due to the bearish sentiment regarding the market momentum.
DSEX, the prime index of Dhaka Stock Exchange (DSE), went down 10 points to settle at 5,517. The index has lost nearly 2.54 per cent this week. It is the lowest level in the last 3 years. The last time DSEX was lower than this was on May 3, 2021, when it stood at 5511.
The blue-chip index DS30, a group of 30 prominent companies, fell more than 3.79 points to 1974, while the DSES index, which represents Shariah-based companies, lost 0.80 points to settle at 1,212.
Turnover, a crucial indicator of the market, stood at Tk 6.77 billion at the end of trading, which was 29 per cent higher than the previous trading day.
The majority of stocks saw price erosion, as out of the 394 issues traded, 122 closed higher, 215 ended lower and 57 remained unchanged on the DSE trading floor.
Asiatic Laboratories Limited was the most-traded stock with shares worth Tk 462 million changing hands, followed by Taufika Foods and Lovello Ice-cream, eGeneration Limited, Navana Pharmaceuticals and Far East Knitting & Dyeing Industries Limited.
Chittagong Stock Exchange (CSE) ended lower with its All Share Price Index (CASPI) losing 54 points to settle at 16,007 and the CSE Selective Categories Index (CSCX) losing 32 points to 9638.
The port city bourse traded 6.7 million shares and mutual fund units with a turnover volume of Tk 597 million.
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