Stocks extend losses

The benchmark index of the Dhaka Stock Exchange dropped 38.69 points yesterday, extending the losing run for the second consecutive day.

The DSEX lost 0.80 percent to close at 4,746.42.

The Shariah-compliant DSES index declined 0.92 percent to 1,037.23, while the DS30, which represents blue-chip stocks, dropped 1.33 percent to 1,753.29.

Turnover, a key indicator of market activity, increased 9 percent to Tk 278.02 crore compared to the previous session.

Of the issues traded, 74 advanced, 271 declined, and 52 remained unchanged.

Atlas Bangladesh posted the highest gain, rising 9 percent, while City Bank posted the biggest loss, dropping 16 percent.