The country鈥檚 capital market suffered a significant setback on Sunday, with the Dhaka bourse recording its lowest turnover of the month as most shares closed in the red.
Although both Dhaka and Chattogram stock exchanges opened on a positive note during the first two hours of trade, the trend soon reversed and the indices closed deep in the negative territory.
At the Dhaka Stock Exchange (DSE) on Sunday, the benchmark DSEX shed 68 points, while the Shariah-based DSES and the blue-chip DS30 lost 19 points and 23 points respectively.
The turnover at the DSE stood at Tk 621 crore 鈥� the lowest so far this month. Out of 396 issues traded, prices of 307 declined, 39 advanced and 50 remained unchanged.
The downtrend hit across all categories. In the top A-category companies that provide the highest dividends, only 24 gained while 173 declined and 22 remained flat.
The block market saw 29 crore worth of shares traded from 28 companies, with Brac Bank topping the list by offloading shares worth Tk 15 crore.
DBH First Mutual Fund was the day鈥檚 top gainer, advancing 5 percent, while Trust Islami Life Insurance Ltd sank more than 9 percent to emerge as the worst loser.
The Chittagong Stock Exchange (CSE) also faced a sharp decline as the CASPI index dropped by 138 points.
Of the 214 issues traded, 161 lost, 32 gained and 21 remained unchanged.
The turnover at the port city bourse stood at Tk 14 crore, up from Tk 12 crore in the previous session.
Sena Insurance PLC soared over 9 percent to top the gainer list, while Usmania Glass Sheet Factory Ltd plunged more than 10 percent to the bottom.
