Dhaka: Country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – today plunged further as investors preferred to realize their short-term gains and observe the market momentum amid earning declarations of the listed companies for the recently ended quarter.
According to Bangladesh Sangbad Sangstha, DSEX, the broad index of the Dhaka Stock Exchange, lost 50.49 points or 0.9 percent to settle at 5,265.85 points, as against 5,316.33 points in the previous trading session. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunging 11.86 points to finish at 1,953.68, and the DSE Shariah Index (DSES) losing 12.40 points to close at 1,175.51.
Market turnover surged by 3.3 percent to Taka 5.6 billion compared to Taka 5.4 billion in the previous session. On the sectoral front, Financial Institutions issues exerted the highest turnover at 18.0 percent, followed by Pharma at 14.9 percent and Textile at 10.4 percent sectors. Most of the sectors dis
played negative returns, with Jute (-8.0 percent), Financial Institutions (-3.3 percent), and Engineering (-2.6 percent) showing the most negative returns on the bourse today.
Out of the 394 issues traded, 63 advanced, 292 declined, and 39 remained unchanged. The port city bourse, CSE, also witnessed a negative session today, with the selected indices (CSCX) and All Share Price Index (CASPI) declining by 30.0 points and 55.6 points, respectively.