Bear run at DSE continues

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FE Report
Dhaka stocks marginally fell for the third consecutive day Monday with persistent low turnover.
The benchmark DSE General Index (DGEN), All Shares Price Index (DSI) and DSE20 comprising blue chips shed 4.70 points, 3.47 points and 9.81 points to end at 2632.03, 2182.60 and 2227.55 respectively.
Trading at the Dhaka Stock Exchange (DSE) started with a downbeat mood from the very outset but the benchmark index seesawed throughout the whole session until end of the trade.
The day's total turnover slightly rose to Tk 1.39 billion against previous day's Tk 1.35 billion.
Of the total 237 issues traded on the day, 110 gained, 115 declined and 12 remained unchanged.
The market continued to experience lacklustre trading as most of the investors were awaiting some positive developments from the Securities and Exchange Commission (SEC).
Besides, some investors have redied themselves to chase the securities of ACI Formulations Limited and Shinepukur Ceramics Limited expected to make debut today(Tuesday) under direct listing regulations, according to the stockbrokers.
Beximco Pharma, Uttara Bank, GrameenS2 Mutual Fund, Agni Systems Limited, Beximco Limited, ACI Limited, Titas Gas, AIMS 1st Mutual Fund, ICB 2nd NRB and Lankabangla Finance were the day's turnover leaders in terms of value.
Top gainers of the day were Kohinoor Chemicals, Rangamati Food, M Hossain Garments, Fine Foods, Savar Refractories, Samata Leather, Sreepur Textiles, Monospool, Lexco and Bionic Food. Top losers were BD Luggage, Maq Enterprise, Monno Jutex, Gachihata, Metalex Corporation, Quasem Silk, Safco Spinning, Rahman Chemicals, 2nd ICB and Meghna Shrimp.