Stocks fall after five days of rise

The stock market fell today after rising for five consecutive days, although the turnover rose at the premier bourse.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), fell 28 points, or 0.38 per cent, to 7,327.

At the DSE, 48 stocks rose, 297 declined and 31 remained unchanged.

Turnover at the Dhaka bourse soared 12 per cent to Tk 2,755 crore, up from Tk 2,439 crore on the previous day.

Beximco Ltd became the top traded stock with shares worth Tk 176 crore changing hands followed by LafargeHolcim Bangladesh, Orion Pharmaceuticals, Beximco Pharmaceuticals and LankaBangla Finance.

Orion Infusion topped the gainers' list that rose 9.82 per cent followed by Shinepukur Ceramics, Sea Pearl Sea Beach Resort & Spa, C&A Textiles, and LafargeHolcim Bangladesh.

Shurwid Industries shed mostly in the market that fell 9.64 per cent followed by ICB Islamic Bank, Mithun Knitting, GBB Power, and Dragon Sweater.

The Chattogram Stock Exchange also dropped. The CASPI, the general index of the port city bourse, declined 36 points, or 0.17 per cent, to 21,473.

Among 322 traded stocks, 66 advanced, 238 fell and 18 remained unchanged.