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Stocks ended on a flat note on Monday as opportunistic investors went for bargain hunting in sector-specific issues, while the overall market sentiment remains subdued.
The prime index of the Dhaka Stock Exchange (DSE) inched up by 2.17 points, settling at 5,485.
The blue-chip index DS30, a group of 30 prominent companies, rose by 7.17 points to 1944.29, while the DSES Index, representing Shariah-based companies, decreased by 0.73 to 1,203.43.
The market witnessed mild volatility throughout the session as investors remained active on both sides of the trading fence, according to EBL Securities.
Cautious investors remained observant of the market’s trend ahead of the announcement of the upcoming monetary policy statement, it added.
Turnover, a crucial indicator of the market, increased by 6.43 per cent to Tk 6.62 billion from the previous day.
The majority of the stocks saw a price decline, as out of 397 issues traded, 140 closed higher, 191 lower, and 66 remained unchanged.
Orion Infusion Ltd was the most traded stock, with shares worth Tk 572.35 million changing hands, followed by Sea Pearl Beach Resort & Spa Limited, Taufika Foods and Lovello Ice-cream PLC, Eastern Bank and Far East Knitting & Dyeing Industries Limited.
The Chittagong Stock Exchange (CSE) also ended lower, with its All Share Price Index (CASPI) losing 29 points to settle at 15632 and the Selective Categories Index (CSCX) losing 17.71 points to settle at 9408.
The port city bourse traded 2.17 million shares and mutual fund units with a turnover volume of Tk 69.4 million.