Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed yet another bearish session on Sunday as cautious investors continued their selling binge on large-cap stocks.
DSEX, prime index of Dhaka Stock Exchange (DSE), went down by 25.09 points or 0.49 per cent to settle at more than one-month low at 5,070.
Two other indices also finished lower. The DS30 index, comprising blue chips, fell 8.62 points to finish at 1,791 and the DSE Shariah Index lost 5.07 points to close BDT 1,178.
Turnover, a crucial indicator of the market, also fell to 10-session low and amounted to BDT 3.32 billion, which was 17.5 per cent lower than the previous day’s BDT 4.03 billion.
Issues from most of the large-cap sectors saw notable selling pressure, particularly from telecom, bank, power, textile and engineering sectors stock, taking the market in the negative territory, market operators said.
On the other hand, the Chittagong Stock Exchange also closed lower with its All Shares Price Index (CAPSI) — CASPI– losing 80 points to close at 15,500 and the Selective Categories Index – CSCX – falling 46 points to finish at 9,410.
Losers beat the gainers as 136 issues closed lower, 58 higher and 36 remained unchanged on the CSE.
The port city bourse traded 4.43 million shares and mutual fund units worth more than BDT 134 million in turnover.