Stocks at the Dhaka Stock Exchange (DSE) declined on Sunday as trading resumed after the Durga Puja holidays, with concerns over corporate earnings and dividend declarations, alongside rising global energy
prices amid renewed escalation of conflicts in the Middle East, weighing on investor sentiment.
The benchmark DSEX, the broad index of the DSE, fell 18.1 points to settle at 5,433 points, down from 5,451 points in the previous trading session.
The market remained under selling pressure throughout the session as cautious investors largely stayed on the sidelines amid a lack of fresh positive catalysts to support a sustained recovery.
Trading activity also weakened, with turnover at the DSE declining 14.3 percent to Taka 430 crore from Taka 500 crore in the previous session.
Sector-wise, banks accounted for the highest share of turnover at 23.1 percent, followed by textiles at 15.4 percent and pharmaceuticals at 12.0 percent.
Most sectors posted negative returns. Jute stocks recorded the steepest decline of 3.7 percent, followed by cement at 3.6 percent and ceramics at 2.5 percent.
In contrast, banking stocks gained 1.0 percent, while services and telecommunications advanced marginally by 0.2 percent and 0.1 percent, respectively.
Of the 395 issues traded on the DSE, prices of 282 declined, 62 advanced and 51 remained unchanged, reflecting the predominantly bearish market sentiment.
Meanwhile, the Chittagong Stock Exchange (CSE) also ended the session in negative territory. Its Selective Categories' Index (CSCX) fell 11.4 points, while the All Share Price Index (CASPI) declined 22.5 points.
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