Stocks slipped into the red on Sunday, after a single-day break, with a turnover on the prime bourse falling below Tk 4.0 billion mark again.
Turnover, the crucial indicator of the market, came down to Tk 3.94 billion, which was 25.5 per cent lower than the previous day’s mark of Tk 5.29 billion.
It was also the lowest single-day turnover in more than a year since April 5, 2021, when turnover totalled Tk 2.37 billion.
Market insiders said the investors were mostly reluctant to put fresh bets on stocks as they were continuously losing their risk-taking appetite amid persistent volatility in the market.
Shorter trading periods in the Holy Ramadan and liquidity needed for upcoming Eid-ul-Fitr also exacerbated the market situation, they said.
Along with lower turnover, DSEX, the prime index of Dhaka Stock Exchange, went down by 30.10 points or 0.45 per cent to settle at 6,554, after gaining nearly 11 points in the previous sessions.
Two other indices also ended lower. The DSE 30 Index, comprising blue chips, fell 5.44 points to finish at 2,435 and the DSE Shariah Index (DSES) lost 5.56 points to close at 1,442.
Losers took a strong lead over the gainers as out of 379 issues traded, 280 declined, 58 advanced and 41 issues remained unchanged on the DSE trading floor.
Beximco topped the turnover list with shares worth nearly Tk 411 million changing hands, followed by Sonali Paper & Board Mills (Tk 293 million), Salvo Chemicals (Tk 99 million), Pharma Aids (Tk 83 million) and GSP Finance (Tk 82 million).
The newly listed JMI Hospital Requisite Manufacturing continued to top gainer, posting a 9.92 per cent gain, while Bangladesh Finance was the day’s worst loser, losing 2.0 per cent.
The Chittagong Stock Exchange (CSE) also ended lower with the CSE All Share Price Index - CASPI -losing 64 points to settle at 19,302 and the Selective Categories Index - CSCX -shedding 38 points to close at 11,580.
Of the issues traded, 173 declined, 50 advanced and 39 issues remained unchanged on the CSE.
The port city bourse traded 5.16 million shares and mutual fund units with a turnover value worth over Tk 149 million.
