Stocks saw a downward trend at both the bourses on Thursday as majority of the investors showed selling spree to book profit on sectors-wise securities which pushed the market down.
Market analysts said stocks witnessed falling streak on price correction following gains recorded during last two sessions.
The prime index of the Dhaka Stock Exchange (DSEX) went down by 20.33 or 0.37 percent to settle at 5,358 over the previous session’s level.
Besides, blue chips index (DS30) decreased by 8.56 points or 0.45 percent to finish at 1,906.
However, the DSE Shariah Index (DSES) rose by 0.38 points to close at 1,267.
On the other hand, the total turnover on the DSE reached Tk 8,529.75 million, over 23.5 percent lower from previous day’s value of Tk 11,153 million.
The losers beat the gainers as out of 338 issues traded, 222 ended lower, 91 closed higher and 25 remained unchanged on the DSE floor.
Singer Bangladesh dominated the DSE floor and became topped the turnover chart with 2,137,377 million shares worth Tk 467 million changing hands.
It was followed by United Power (Tk 390.73 million), KDS Accessories (Tk 251 million), BBS Cables (Tk 241.68 million) and Monno Ceramic Industries (Tk 239 million).
KDS Accessories Limited was the day’s best performer with 9.97 percent growth of share price to Tk 83.80 while Bangladesh Autocars Limited was the day’s worst loser, falling 8.74 percent to Tk 340.40.
Meanwhile, the Chittagong Stock Exchange (CSE) in the port city saw a negative trend on Thursday with its selective category index (CSCX) losing 74 points to 9,994.
On the other hand, the CSE All Share Price Index (CASPI) went down by nearly 123 points to settle at 16,513 points.
At the CSE, total 259 issues were traded. Among them, 64 closed higher, 181 ended lower and 14 remained unchanged.
However, the number of shares transacted on the CSE floor was 12,622,846 and the total turnover in value was almost Tk 48.17 crore.