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Trading on Bangladesh’s stock market resumed after the Eid holidays with a sharp downturn, as most shares declined on the Dhaka Stock Exchange (DSE).

At the close, the benchmark DSEX index fell 68 points. The Shariah-based DSES index lost 7 points, while the blue-chip DS30 index dropped 39 points.

Market sentiment remained bearish, with 243 stocks declining against 121 gainers, while 27 issues closed unchanged.

Turnover stood at Tk 4.92 billion. In the block market, shares worth Tk 150 million from 22 companies were traded, with Al-Arafah Islami Bank PLC leading the segment with nearly Tk 40 million in transactions.

Interestingly, the day’s top gainers were dominated by mutual funds. AB Bank First Mutual Fund, IFIC Bank First Mutual Fund, LR Global Bangladesh Mutual Fund One, ACCBL Mutual Fund One and Phoenix Finance First Mutual Fund each posted a 10 per cent gain.

The downturn also affected the Chittagong Stock Exchange (CSE), where the CASPI index shed 75 points.

However, market breadth at the port city bourse was positive, with 79 stocks advancing, 65 declining and 23 remaining unchanged. Total turnover at the CSE stood at Tk 180 million.

C&A Textiles Limited topped the gainers’ list on the CSE with a 10 per cent rise, while Reliance One the First Scheme of Reliance Insurance Mutual Fund ended as the worst performer, falling nearly 10 per cent.