Price fall in large-cap drives stocks down

Stocks on Monday ended lower after a four-session winning streak, as price corrections in large-cap shares, rising fuel prices and concerns over inflationary pressures weighed on investor sentiment.

The DSEX, the broad index of the Dhaka Stock Exchange (DSE), lost 41.7 points to settle at 5,550 points, compared with 5,592 points in the previous session.

The market witnessed persistent selling pressure throughout the session as cautious investors adopted a wait-and-see approach amid concerns that higher fuel prices could increase inflationary pressure and weigh on corporate earnings.�"BSS