Today Thursday, the main stock market Dhaka Stock Exchange (DSE) index fell by more than 66 and a half points. Of the 397 traded firms, 36 rose, 343 fell and 18 remained unchanged.
BBS Cables, Linde BD, Delta Life, Amara Technology, Eastern Housing, GreenDelta Spinning, Standard Bank, Union Insurance, Bexico Pharma, and Prime Textiles were among the top decliners on the DSE today.
BBS Cables and Prime Textile ‘B’ Group shares among the companies. All the rest are ‘A’ category shares of good dividend-paying companies. Even though BBS Cables and Prime Textile belong to ‘B’ group, the companies are considered to be of good quality by the market participants.
Market experts say that when the market is in decline, there is no choice. The alliance started coming down. In that race to the bottom, the better-quality stocks suffer the most. Like today.