Dhaka stocks fall to 35-month low

The benchmark index of the Dhaka Stock Exchange (DSE) declined today, a session after snapping a five-day falling streak.
The DSEX edged down 41.26 points, or 0.73 percent, to close the day at 5,633.61, the lowest level since May 2021.
The fall came a day after a meeting between the Bangladesh Securities and Exchange Commission and its stakeholders to restore investors' confidence, which has been hit by the lingering economic crisis and lower-than-expected corporate profits as well as forced sales executed by brokerage houses.
The DSES, an index that represents shariah-complaint companies, fell 7.36 points, or 0.59 percent, to 1,235.73.
Likewise, the DS30, which comprises blue-chip stocks, dropped 3.48 points, or 0.17 percent, to 1,980.43.
However, turnover, which indicates the volume of shares traded during a session, increased 3.94 percent to Tk 5.97 crore.
Of the issues that changed hands on the DSE, 50 closed higher, 310 ended lower and 36 did not see any oscillation.
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