Business

Stocks fall as investors appear cautious 

Stocks fell today, snapping a two-day gaining streak, as investor sentiment remained cautious despite a 90-day suspension of fresh US tariffs on most countries.

The market had closed lower last week, weighed down by concerns over the US decision to impose 'reciprocal tariffs', which dampened trading activity in the first session after the Eid vacation.

The Dhaka Stock Exchange's benchmark DSEX index dropped 13.93 points, or 0.27 percent, to close at 5,205.23 last week. 

Today, the DSEX, dropped 35.55 points, or 0.68 percent, to settle at 5,169.68.

The Shariah-based DSES index slipped 0.57 percent to 1,166.21, while the DS30, comprising blue-chip stocks, lost 0.82 percent to close at 1,911.97.

Turnover also declined, falling 23 percent to Tk 414.31 crore from Tk 540.16 crore in the previous session, reflecting weakening investor interest.

Of the 395 issues traded, 79 advanced, 270 declined, and 48 remained unchanged.

Eastern Cables emerged as the top gainer with a 9 percent rise, while Prime Bank posted the highest loss, dropping 11 percent.

Comments

Stocks fall as investors appear cautious 

Stocks fell today, snapping a two-day gaining streak, as investor sentiment remained cautious despite a 90-day suspension of fresh US tariffs on most countries.

The market had closed lower last week, weighed down by concerns over the US decision to impose 'reciprocal tariffs', which dampened trading activity in the first session after the Eid vacation.

The Dhaka Stock Exchange's benchmark DSEX index dropped 13.93 points, or 0.27 percent, to close at 5,205.23 last week. 

Today, the DSEX, dropped 35.55 points, or 0.68 percent, to settle at 5,169.68.

The Shariah-based DSES index slipped 0.57 percent to 1,166.21, while the DS30, comprising blue-chip stocks, lost 0.82 percent to close at 1,911.97.

Turnover also declined, falling 23 percent to Tk 414.31 crore from Tk 540.16 crore in the previous session, reflecting weakening investor interest.

Of the 395 issues traded, 79 advanced, 270 declined, and 48 remained unchanged.

Eastern Cables emerged as the top gainer with a 9 percent rise, while Prime Bank posted the highest loss, dropping 11 percent.

Comments

কুয়েটের ৩৭ শিক্ষার্থী সাময়িক বহিষ্কার, ক্যাম্পাস খুলবে ২ মে

খুলনা প্রকৌশল ও প্রযুক্তি বিশ্ববিদ্যালয়ে (কুয়েট) গত ১৮ ও ১৯ ফেব্রুয়ারির সংঘর্ষে জড়িত থাকার অভিযোগে ৩৭ শিক্ষার্থীকে সাময়িকভাবে বহিষ্কার করেছে কর্তৃপক্ষ।

৫ ঘণ্টা আগে