The country鈥檚 premier bourse, Dhaka Stock Exchange on Monday lost some steam as profit-booking selloffs pulled the reins of the market鈥檚 upward trajectory, reflecting investor caution after a sustained streak of gains.
DSEX, the broad index of the DSE, shed 8.6 points to settle at 5,628 points as against 5,636 points in the previous trading session.
Market analysts observed that the market remained mildly volatile throughout the session with investors鈥� active participation on both sides of the trading fence, though sellers turned out dominant by the late-session as cautious investors opted to lock in recent gains and monitor the market鈥檚 trend.
Meanwhile, investor participation remained resilient, with market turnover slightly decreasing by 2.8 per cent to BDT 14.0 billion. On the sectoral front, Engineering (11.7 per cent) issues exerted the highest turnover, followed by Textile (10.8 per cent) and Pharma (9.1 per cent) sectors.
Sectors mostly displayed mixed returns, out of which Travel (3.6 per cent), Services (2.5 per cent) and Telecom (2.0 per cent) exhibited the most positive returns on the bourse today, while Life Insurance (-3.2 per cent), Paper (-2.9 per cent) and Jute (-2.6 per cent) exerted the most corrections.
Out of the 397 issues traded, 125 advanced, 220 declined and 52 remained unchanged.
The port city bourse, CSE, however, settled on positive terrain. The Selective Categories鈥� Index (CSCX) and All Share Price Index (CASPI) added 24.2 points and 48.1 points, respectively.
