Stocks opened the week in the red, as investors lost their confidence due to unattractive corporate declarations by some listed companies. DSEX, the benchmark index of Dhaka Stock Exchange, lost 62 points or 1.35 percent finishing the day at 4,504.77 points. DSES, the shariah index of the premier bourse, also declined 12 points or 1.19 percent to close at 1,006.07. “Depressed earnings shook investors' sentiment severely during yesterday's session,” said IDLC Investments. Besides, the merchant bank said in its regular market analysis that condensed panic of a further fall followed the negative tone. Lankabangla Securities said the investors' sentiment was trembling over the mixed corporate declarations.
Source :: The Daily Star