Trading at both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) ended on a bearish note on Monday as key indices suffered sharp losses, with most stocks closing lower and turnover declining.
On the second trading day of the week, the DSE’s benchmark index DSEX dropped by 58 points. The Shariah-based index DSES fell by 11 points, while the blue-chip index DS30 lost 18 points.
Share prices declined for the majority of listed companies. Of the traded issues, prices fell for 313 companies, rose for only 38, and remained unchanged for 41.
The turnover at the DSE stood at Tk 412 crore, down from Tk 429 crore in the previous session.
Shinepukur Ceramics PLC topped the DSE gainers’ list with a rise of over 9.5 percent, while Fareast Finance and Investment Limited hit the bottom, shedding nearly 11 percent.
The CSE also witnessed a steep downturn. Its overall index CASPI dropped by 116 points.
Most companies on the port city bourse ended lower, with prices falling for 92 companies, rising for 41, and remaining unchanged for 21.
The turnover at the CSE plunged threefold within a day, standing at Tk 4 crore, compared to Tk 12 crore on Sunday.
First Finance Limited emerged as the top gainer at the CSE, jumping 10 percent, while Yakin Polymer Limited was the worst performer, losing 10 percent of its value.