Stocks extend losses amid cautious investor sentiment

Stocks on Sunday extended losing streak for a second consecutive session as risk-averse investors remained cautious amid ongoing earnings announcements and dividend declarations.

The DSEX, the broad index of the Dhaka Stock Exchange (DSE), fell 49.3 points to settle at 5,482, compared with 5,532 points in the previous trading session.

The market opened on a weak note, with selling pressure dominating from the outset. Although the market made a brief recovery attempt after the initial decline, persistent selling pressure dragged most stocks into negative territory by the end of the session.�"BSS