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Stocks experienced a decline on Monday as jittery investors opted to sell off their holdings to avoid further erosion of their portfolios.
DSEX, the Dhaka Stock Exchange’s prime index, dropped by 43.72 points, to close at 5,335.05 on the day.
The blue-chip index, DS30, which includes 30 prominent companies, fell by 22.08 points to reach 1,942.22, while the DSES Index, representing Shariah-compliant companies, decreased by 1.47 points to settle at 1,189.39.
Turnover, a crucial indicator of the market, stood at Tk 3.67 billion, reflecting a 0.44 per cent decrease from the previous trading day.
The majority of the stocks saw a price decrease, as out of the 396 issues traded, 53 closed higher, 288 ended lower, and 55 remained unchanged on the DSE trading floor.
Midland Bank was the most-traded stock with shares worth Tk 369.31 million changing hands, followed by Agni Systems, Islami Bank Bangladesh, BRAC Bank and Taufika Foods and Lovello Ice-cream.
The Chittagong Stock Exchange (CSE) also ended down with its All Share Price Index (CASPI) losing 154.50 points to settle at 15,013 and the Selective Categories Index (CSCX) dropping by 88.13 points to settle at 9116.
The port city bourse traded 1.89 million shares and mutual fund units with a turnover volume of Tk 57.92 million.