Stock slips into the red again


Business Report :
The stock ended 30 points down in the premier bourse on Monday, after a single-day break, as risk-averse investors were mostly in selling mode amid the prevailing volatility in the market.
The DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down 29.96 points to settle at 5,667.
On Sunday, the broad index was up by 36 points. Before Sunday, the DSEX was down for straight three sessions. Within three trading days, it has lost 66 points or 1.15 per cent to the index.
The majority of the stocks saw price erosion, as out of the 393 issues traded, 135 closed higher, 221 ended lower and 37 remained unchanged on the DSE trading floor.
eGeneration Limited became the most-traded stock with shares worth Tk 388 million changing hands, followed by Asiatic Laboratories Limited, Taufika Foods, Lovello Ice-cream PLC, Best Holdings Limited, and Golden Son Ltd.
The Chittagong Stock Exchange (CSE) ended higher with its All Share Price Index (CASPI) rising 6 points to settle at 16,336 and the Selective Categories Index (CSCX) gaining 5.28 points to 9838.
The port city bourse traded 19.8 million shares and mutual fund units with a turnover volume of Tk 1089 million.