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Stocks declined on Monday as investors rushed to secure short-term profits.
The prime index of the Dhaka Stock Exchange (DSE) fell 16.50 points to settle at 5,205.
The capital market continued its downward spiral from the previous session as cautious selling pressure persisted among investors.
However, a slight uptick in investor participation was observed across the trading board, according to EBL securities.
The blue-chip index DS30, which comprises 30 leading companies, dropped 6.01 points to 1,888.57, while the DSES Index representing Shariah-compliant companies slid 1.46 points to 1,161.57.
Turnover, a crucial indicator of the market, stood at Tk 5.05 billion on Monday, up 12.7 per cent from the previous trading day.
Market indices remained on a downward trajectory for most of the session, with sellers maintaining dominance, pushing the majority of stocks into negative territory, according to EBL securities.
A majority of the stocks witnessed erosion. Out of the 396 issues traded, 97 closed higher, 221 ended lower, and 78 remained unchanged on the DSE trading floor.
Shinepukur Ceramics was the most-traded stock, with shares worth Tk 240.87 million changing hands, followed by Square Pharmaceuticals, Alif Industries, Orion Infusion, and Fu-Wang Ceramic Industries.
The Chittagong Stock Exchange (CSE) ended down with its All Share Price Index (CASPI) losing 27.16 points to settle at 14557 and the Selective Categories Index (CSCX) decreasing by 10.17 points to settle at 8856.
The port city bourse witnessed transactions of 1.86 million shares and mutual fund units, resulting in a turnover volume of Tk 40.44 million.
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