Stocks loss 100 points for fear of lockdown
The benchmark index of the Dhaka Stock Exchange (DSE) lost more than 100 points today amid fears for the upcoming lockdown, which will begin countrywide on July 1.
The DSEX fell 1.64 per cent to 5,992.
With today's fall, the prime index of the premier bourse dropped below the 6,000 points level after a break of 14 trading days.
Turnover, an important indicator of the market, surged 8.95 per cent to Tk 1,740 crore.
At the DSE, 54 stocks advanced, 306 declined and 12 remained unchanged.
Bangladesh Monospool Paper Manufacturing topped the gainers' list that rose 9.98 per cent followed by Matin Spinning, Shyampur Sugar Mills, Tamijuddin Textiles, Paper Processing & Packaging.
Stock of Beximco Ltd traded mostly that worth Tk 103 crore followed by Dutch-Bangla Bank, Malek Spinning, Kattali Textiles, and Maksons Spinning.
Republic Insurance shed the most that fell 12 per cent followed by Sea Pearl Beach Resort & Spa, Pioneer Insurance, Sonar Bangla Insurance, and Agrani Insurance.
The port city bourse also fell today. The CASPI, the general index of the Chittagong Stock Exchange, dropped 297 points to 17,359.
Among 311 traded stocks, 58 advanced, 241 dropped, and 12 remained unchanged.