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Stocks ended 37.6 points down in the premier bourse on Monday, extending its losing streak as panicked investors continued to sell off their holdings amid growing concerns over economic uncertainties.
The DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down 37.62 points to settle at 5,393.
The prime index has lost nearly 5.31 per cent in the last 6 trading days. The current index is the lowest in the last 37 months. DSEX was lower than this on April 19, 2021. The index was 5350 on the day.
The blue chip index DS30, a group of 30 prominent companies, saw more than 9.55 points fall to 1939, while the DSES Index, which represents Shariah-based companies, lost 10.88 points to 1,180.75 till the end.
Turnover, a crucial indicator of the market, stood at Tk 5.61 billion at the end of trading. Which was 37.2 per cent higher than earlier trading days.
The majority of the stocks saw price erosion, as out of the 389 issues traded, 81 closed higher, 278 ended lower, and 30 remained unchanged on the DSE trading floor.
Orion Pharma the most-traded stock, with shares worth Tk 414 million changing hands, followed by Taufika Foods and Lovello Ice-cream, Rupali Life Insurance Company Limited, eGeneration Limited, Navana Pharmaceuticals and Orion Infusion Ltd.
The Chittagong Stock Exchange (CSE) ended lower with its All Share Price Index (CASPI) losing 132 points to settle at 15605 and the Selective Categories Index (CSCX) losing 79 points to 9393.
The port city bourse traded 18.16 million shares and mutual fund units with a turnover volume of Tk 701 million.