Dhaka stocks slipped below 5,400 on Monday as renewed selling pushed the benchmark index to the lowest level in nearly 15 weeks amid investor caution over the energy situation and geopolitical tensions in the Gulf.
The DSEX, the broad index of the Dhaka Stock Exchange (DSE), fell 39.6 points, or 0.7 per cent, to its lowest level since 2 June.
An early recovery attempt quickly faded, with sellers dominating most of the session.
Of the 395 issues traded, 296 declined, 54 advanced and 45 remained unchanged.
Turnover fell 14.8 per cent to Tk486.6 crore from Tk571.3 crore a session earlier.
Trading volume dropped to 18.6 crore shares from 23.6 crore, while the number of trades declined to 1,61,568 from 1,82,186.
DSE market capitalisation slipped to Tk6,85,100 crore from Tk6,86,300 crore.
The blue-chip DS30 index fell 0.4 per cent to 2,063.
Textiles dominated trading with 25.4 per cent of total turnover, followed by general insurance with 15 per cent and banks with 13.4 per cent turnover contribution.
Most sectors closed lower. Mutual funds fell 3.5 per cent, life insurance 3.2 per cent and miscellaneous stocks 2.7 per cent.
Travel gained 0.6 per cent and banks 0.2 per cent.
Standard Insurance led the gainers, rising 6.79 per cent, followed by Bangladesh National Insurance with 5.71 per cent and Al-Arafah Islami Bank with 5.37 per cent.
CAPM BDBL Mutual Fund was the biggest loser, falling 8.86 per cent. Beximco declined 8.02 per cent and Standard Ceramic Industries dropped 7.25 per cent.
On the Chittagong Stock Exchange, turnover rose 49.9 per cent to Tk21.3 crore while trading volume increased to 51.96 lakh shares from 33.41 lakh.
