Business Desk :
The capital bourse on Tuesday struggled to build on the previous session’s recovery, as risk-averse investors opted to pare exposure amid the absence of meaningful catalysts, while persistent political uncertainties continued to dampen overall market sentiment.
DSEX, the broad index of the Dhaka Stock Exchange, fell by 13.9 points to settle at 4,861 points as against 4,875 points in the previous trading session, reports BSS.
The market opened on a positive note, extending the recovery momentum from the previous session.
However, as the session progressed, broad-based selling pressure resurfaced amid subdued investor sentiment, eroding the day’s early gains and ultimately dragging the index into negative territory.
Meanwhile, market turnover increased by 2.9per cent to Taka 4.1 billion from Taka 4.0 billion in the previous session.
On the sectoral front, Textile (21.1per cent) issues exerted the highest turnover, followed by Pharma (10.8per cent) and Food (9.5per cent) sectors.
Most of the sectors displayed dismal returns, out of which ceramic (-1.21per cent), paper (-1.16per cent) and cement (-1.10per cent) exhibited the most negative returns on the bourse today.
Out of the 397 issues traded, 83 advanced, 239 declined and 75 remained unchanged.
The port city bourse, CSE, settled on a green zone. The Selective Categories’ Index (CSCX) and All Share Price Index (CASPI) increased by 11.7 points and 12.2 points, respectively.
