Stocks continued its downward trajectory on Tuesday as persistent selling pressure and post-record date adjustments in select banking stocks weighed on overall investor sentiment.
DSEX, the benchmark index of the DSE, declined by 23.1 points to close at 5,202, compared to 5,226 in the previous session.
Although the market showed some resilience during mid-session trading, sustained sell-offs across most scrips pushed the index firmly into negative territory by the close, according to BSS report.
Turnover was led by the General Insurance sector, which accounted for 18.9% of total activity, followed by Food (0.6%) and Ceramic (0.4%) sectors.
Sector performance remained largely negative, with Financial Institutions (-1.8%), Services (-1.7%), and Mutual Fund (-1.7%) emerging as the weakest performers. In contrast, Jute (1.0%), Food (0.6%), and Ceramic (0.4%) posted marginal gains.
Out of 396 traded issues, 80 advanced, 253 declined, and 63 remained unchanged, reflecting broad market weakness.
Meanwhile, the port city bourse, Chittagong Stock Exchange, also ended the session in negative territory.
The Selective Categories' Index (CSCX) fell by 25.2 points, while the All Share Price Index (CASPI) dropped by 51.9 points.
