The Dhaka Stock Exchange (DSE) endured another volatile session as cautious investors awaited a catalyst to revive the market’s momentum.
While selective large-cap stocks saw moderate gains, the market indices remained largely stable. The DSEX, the benchmark index of the DSE, increased by 6.4 points to close at 5,475.
Throughout the session, the market saw seesaw trading, with selling pressure dominating major sectors for the third consecutive day. Investors adopted a wait-and-see approach, as concerns about the market’s weakening trend dampened sentiment.
As a result, investor participation remained subdued, and market turnover fell by 3.6% to Tk 7.1 billion.
Sectoral performance showed mixed returns. The pharmaceuticals sector led the turnover chart, contributing 16.5%, followed by banking (11.4%) and engineering (11.2%).
However, some sectors saw significant declines, with printing and paper, jute, and financial institutions falling by 1.5%, 1.4%, and 1.4%, respectively.
On the positive side, the services, banking, and cement sectors exhibited slight gains, with returns of 1.5%, 1.1%, and 1%, respectively.
Of the 397 issues traded, 113 advanced, 195 declined, and 89 remained unchanged.
Meanwhile, the Chittagong Stock Exchange (CSE) also saw slight gains, with both the Selective Categories’ Index (CSCX) and All-Share Price Index (CASPI) advancing by 8 points and 6.7 points, respectively.
