Photo: Collected
Shares listed on the Dhaka Stock Exchange (DSE) saw another major setback on Wednesday when the daily market turnover hit a five-month low.
Turnover, a crucial indicator of a day's trading activity in the market, decreased by 30.42 per cent from the previous day to reach Tk 306 crore, which was a five-month low.
Mutual fund, telecom, and travel and leisure sectors closed in positive territory while information technology, ceramics, and non-bank financial institution (NBFI) sectors closed in negative territory. Among the sectors, the textile sector dominated the turnover chart covering 13.61 per cent of the market's total turnover.
The DSEX, the benchmark of the country's prime bourse, dropped by 50.35 points, or 0.95 per cent, to close the day at 5,228.53, the lowest in more than three years. Likewise, the DSES, the index that represents Shariah-based firms, fell by 13.59 points, or 1.18 per cent, to 1,138.96 while the DS30, the index that comprises the best blue-chip shares, dipped by 16.79 points, or 0.89 per cent, to 1,869.93.
Of the issues that changed hands on the main stock exchange, 286 saw decline, 64 nudged higher, and 44 did not see any market movement.
Messenger/Disha
