Dhaka: Stocks today extended its losing streak as cautious investors continued paring back their market exposure. DSEX, the broad index of the Dhaka Stock Exchange (DSE), lost 64.0 points and settled at 4,915 points as against 4,979 points in the previous trading session. Meanwhile, market turnover declined by 15.6% to Taka 4.2 billion from Taka 5.0 billion in the previous session.
According to Bangladesh Sangbad Sangstha, on the sectoral front, Textile accounted for the highest share of turnover at 14.1%, followed by Engineering at 13.4% and Pharma at 10.1%. All the sectors displayed negative returns, with Life Insurance, Paper, and Jute exerting the most corrections on the bourse today, declining by 3.6%, 3.3%, and 2.8% respectively.
Of the 397 issues traded, 37 advanced, 318 declined, and 42 remained unchanged. The port city bourse, CSE, also settled in a negative zone. The Selective Categories' Index (CSCX) and All Share Price Index (CASPI) fell by 72.8 points and 123.7 points, respectively.