After four consecutive sessions of gains, the country’s stock markets witnessed a downturn on Wednesday as key indices, share prices of most companies and overall turnover declined both in Dhaka and Chattogram.

The Dhaka Stock Exchange (DSE) opened higher but the momentum could not sustain as indices fell gradually throughout the session.

At the end of the day’s trade, the benchmark DSEX index shed 31 points.

Among other indices, the Shariah-based DSES lost 11 points while the blue-chip DS30 dropped 18 points.

Out of the 398 issues traded, prices fell for 223, advanced for 124 and remained unchanged for 51.

In category-wise performance, most issues declined across A, B and Z categories.

In the A-category, which comprises the highest dividend-paying companies, out of 219 issues traded, 123 declined, 72 advanced and 24 remained unchanged.

Turnover at DSE crosses Tk 950cr after 15 days

In the block market, shares worth Tk 23 crore of 29 companies changed hands, with Asiatic Laboratories accounting for the highest transaction of Tk 10 crore.

The turnover on the DSE dropped to Tk 953 crore, down from Tk 1,037 crore in the previous session.

Information Services Network Limited topped the gainer’s list with a 10 percent rise while Standard Ceramic Industries Limited lost over 7 percent to end at the bottom.

CSE No Exception 

Like Dhaka, the indices of the Chittagong Stock Exchange (CSE) also ended lower, with its overall index losing 75 points.

Out of 228 issues traded, 109 declined, 90 advanced and 29 remained unchanged.

The turnover in the port city bourse halved compared to the previous session, coming down to Tk 9 crore from Tk 18 crore.

Crystal Insurance Company Limited gained 10 percent to top the chart, while Metro Spinning Limited fell over 9 percent to end as the worst loser.