Bangladesh’s stock market began the second trading day of the week on a positive note on Monday, but the momentum failed to hold at the Dhaka Stock Exchange (DSE), which ended the session in the red, the Chittagong Stock Exchange (CSE) managed to close higher, extending its upward trend.

At the DSE, the benchmark DSEX index fell by 10 points by the end of the day. Among the other indices, the Shariah-based DSES remained unchanged, while the blue-chip DS30 index slipped by 1 point.

Most listed companies at the DSE closed lower, with share prices of 189 companies declining against gains in 143, while 57 issues remained unchanged.

The turnover at the premier bourse also dropped, with shares and units worth Tk 485 crore changing hands during the session, down from Tk 537 crore in the previous trading day.

Pragati Life Insurance PLC topped the DSE gainers’ chart, rising by 8 percent, while Alif Industries Limited was the worst performer, shedding 10 percent.

Meanwhile, the CSE sustained its upward momentum as its overall index, the CASPI, advanced by 19 points.

Despite the index gain, a majority of stocks on the port city bourse also ended lower. Prices of 76 companies declined, while 66 advanced and 18 issues closed unchanged.

Trading at the CSE fell sharply, with turnover shrinking to Tk 8 crore from Tk 26 crore in the previous session.

Dhaka Insurance Limited topped the CSE gainers’ list with a 10 percent rise, while S Alam Cold Rolled Steels Limited ended at the bottom, losing nearly 10 percent of its value.