The stock market lost momentum on Sunday after six consecutive sessions of gains, as investors engaged in profit booking ahead of the upcoming monetary policy announcement for the second half of the fiscal year, reports BSS.
The Dhaka Stock Exchange (DSE) saw its benchmark index drop by 13.29 points to 5,165.88. The DS30, which tracks blue-chip stocks, edged down 1.06 points to 1,911.84, while the Shariah-based DSES index fell 4.25 points to 1,143.54.
Market analysts noted mild volatility, as cautious investors locked in short-term gains following last week’s buying spree. Turnover fell 12.93% from the previous session, settling at Taka 3.74 billion. Of the 395 stocks traded, 240 declined, 92 advanced, and 63 remained unchanged.
Khan Brothers PP Woven Bag Industries led trading activity, with shares worth Taka 123.43 million changing hands, followed by New Line Clothing, Beach Hatchery, Robi Axiata, and Khulna Printing & Packaging.
The Chittagong Stock Exchange (CSE) also closed lower, with the CASPI index shedding 38.46 points to 14,474 and the CSCX index dropping 23.64 points to 8,779. Trading volume stood at 1.78 million shares and mutual fund units, with a total turnover of Taka 53.06 million.
Bd-pratidin English/ Jisan
