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Stocks declined on Monday as investors locked in short-term profits.
The prime index of the Dhaka Stock Exchange (DSE) decreased by 16.50 points to settle at 5,205.
The capital market continued its bearish trend from the previous session as cautious selling pressure persisted among investors. However, a slight uptick in investor participation was noted across the trading board, according to EBL Securities.
The blue-chip index DS30, comprising 30 leading companies, decreased by 6.01 points to 1,888.57, while the DSES Index, representing Shariah-compliant companies, decreased by 1.46 points to 1,161.57 by the close.
Turnover, a crucial indicator of the market, stood at Tk 5.05 billion, 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.
The majority of the stocks saw a price decrease, as 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) decreasing by 27.16 points to settle at 14,557 and the Selective Categories Index (CSCX) decreasing by 10.17 points to settle at 8,856.
The port city bourse traded 1.86 million shares and mutual fund units with a turnover volume of Tk 40.44 million.