The benchmark index of the Dhaka Stock Exchange (DSE) resumed its downward trajectory on Tuesday as broad-based selling pressure dominated the session, with banking stocks exerting notable drag following post"record date adjustments.
The DSEX, the key index of the Dhaka bourse, declined by 10.6 points to settle at 5,267 points, compared to 5,278 points in the previous trading session, according to BSS report.
Although the market remained relatively stable during mid-session trading, momentum weakened in the final hour as intensified selling pressure eroded earlier gains, ultimately pushing the indices into negative territory at close. Market turnover also fell by 5.1 percent to Taka 8.3 billion, down from Taka 8.8 billion in the previous session, indicating subdued investor participation.
Out of 396 issues traded, 102 advanced, 226 declined, and 68 remained unchanged.
Meanwhile, the port city bourse, Chattogram Stock Exchange (CSE), also ended in negative territory.
The Selective Categories’ Index (CSCX) and All Share Price Index (CASPI) dropped by 16.9 points and 31.9 points respectively.