Written by The Banking Post
The Dhaka Stock Exchange (DSE) closed lower for the second straight session today, as selling pressure dragged down key indices alongside a decline in turnover.
The benchmark DSEX index fell by 31.48 points, or 0.58 percent, to settle at 5,379.41, continuing its downward momentum from the previous session. The other indices mirrored the slide, with the Shariah-compliant DSES losing 1 percent to 1,177.67 and the blue-chip DS30 slipping 0.88 percent to 2,086.22.
Market breadth remained negative, with losers outpacing gainers. Out of the traded securities, 124 advanced, 223 declined, and 51 remained unchanged, indicating sustained pressure across most segments.
Turnover — a key measure of investor participation — also contracted, coming in at Tk 953.79 crore, compared with Tk 1,037.53 crore in the previous trading session. The bourse recorded 273,488 trades, while block transactions totaled Tk 23.20 crore across 29 scrips.
Category-wise, the A-category stocks saw 72 gainers against 123 losers, while the B-category registered 23 gainers and 54 losers. No trading was recorded in the N-category. Mutual funds and bonds displayed mixed performance: four mutual funds gained while 20 declined, corporate bonds witnessed a single issue advance, and government bonds recorded three losers.
Among individual performers, Information Services Network (ISNL) topped the gainers’ chart with a 10 percent jump, while Standard Ceramic Industries led the losers’ list, tumbling 7 percent.
Analysts noted that the ongoing correction reflects cautious investor sentiment amid liquidity concerns in the market and subdued participation from institutional investors. “The lack of fresh triggers and persistent sell-offs in selective scrips have weighed on the indices,” one brokerage official said.
Market watchers expect trading to remain volatile in the coming sessions as investors continue to weigh sector-specific movements and broader economic cues.
