Stocks witnessed yet another bearish session on Sunday – thereby extending the losing streak for the fifth day in a row – with the key index of major bourse going below 5,900-mark.
Market operators said the persistent liquidity shortage coupled with ongoing pessimism kept investors mostly inactive.
The market started with a downward trend that continued till the end of the session with no sign of reversal. Finally, it ended more than 74 points lower.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), plunged 74.85 points or 1.26 per cent to settle at 5,832.
Two other indices of the premier bourse also saw sharp decline. The DS30 index, comprising the blue-chips, fell 28 points or 1.30 per cent to finish at 2,142 and DSES (Shariah) dropped 14 points or 1.03 per cent to close at 1,361.
The losers took a strong lead over the gainers as out of 336 issues traded, 302 closed lower, 23 higher and 11 remained unchanged on the DSE trading floor.
Trading activities, however, increased to Tk 3.84 billion, which was 32 per cent higher than the previous day’s 20 month-low turnover of Tk 2.90 billion.
A total number of 0.098 million trades were executed during the day’s trading session with the volume of 84.20 million securities.
The market capilatisation of DSE fell to Tk 4,054 billion against Tk 4,095 billion in the previous session.
Square Pharmaceuticals topped the turnover chart with shares worth Tk 228 million changing hands, followed by Unique Hotel & Resorts, IFAD Autos, Beximco Pharmaceuticals and ACI Limited.
Sonar Bangla Insurance was the day’s highest gainer, posting a gain of 7.27 per cent while Dutch-Bangla Bank was the worst loser, losing 10.78 per cent after its dividend declaration.
The port city bourse Chittagong Stock Exchange (CSE) also closed lower with CSE All Share Price Index – CASPI - shedding 243 points to settle at 18,008 and Selective Categories Index - CSCX - falling 151 points to finish at 10,867.The losers beat the gainers here too as 173 issues closed lower, 38 ended higher and 13 remained unchanged on the CSE.
The port city bourse traded 5.50 million shares and mutual fund units worth nearly Tk 152 million in turnover.
