Country's both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - today plunged due to mainly price fall in large-cap securities.
DSEX, the broad index of the DSE, plunged by 42.7 points or 0.9% to settle at 4,953 points, as against 4,995 points in the previous trading session, reports BSS.
Market analysts observed that although the market opened on a slight positive note, selling spree soon emerged to fade the initial optimism and dragged down the market indices again to negative territory with bears regaining control of the market's momentum.
In contrary, market turnover increased by 34.0% to Taka 4.5 billion as against Taka 3.4 billion in the previous session.
On the sectoral front, Pharmaceutical (31.4%) issues exerted the highest turnover, followed by Bank (11.0%) and Fuel & Power (8.9%) sectors. All the sectors, except Jute (0.2%), ended in red, out of which Paper (-2.5%), Fuel & Power (-2.3%) and IT (-2.2%) exhibited the most negative returns on the bourse today.
Out of the 397 issues traded, 93 advanced, 243 declined and 61 remained unchanged.
However, the port city bourse, CSE, also witnessed a negative session today. The selected indices (CSCX) and All Share Price Index (CASPI) decreased by 10.7 points and 14.4 points, respectively
