The country鈥檚 both bourses, Dhaka Stock Exchange and Chittagong Stock Exchange, on Tuesday plunged due to mainly price fall in large-cap securities.
DSEX, the broad index of the DSE, again plunged by 47 points to settle at 4,875 points, as against 4,922 points in the previous trading session.
Market analysts observed that despite managing to stay afloat in the initial hours, the market succumbed to its prevailing downtrend as investors remained wary of the market鈥檚 outlook that pushed the majority of scrips sliding into red territory, eroding the brief respite driven by bargain-hunting.
Meanwhile, trading activities remained stagnant with total turnover in DSE being low at Taka 3.4 billion. On the sectoral front, Bank (28.5 per cent) issues exerted the highest turnover, followed by Mutual Fund (13.0 per cent) and Food (8.7 per cent) sectors. All the sectors displayed dismal returns, out of which Ceramic (3.3 per cent), Jute (3.0 per cent) and Mutual Fund (2.8 per cent) exerted the most correction on the bourse today.
However, out of the 397 issues traded, 54 advanced, 304 declined and 39 remained unchanged.
The port city bourse, CSE, also settled on the red zone. The Selective Categories鈥� Index (CSCX) and All Share Price Index (CASPI) fell by 19.8 points and 36.9 points, respectively.
