Dhaka stocks fell on Wednesday after advancing for six consecutive days, as a section of investors chose to book some profits, market operators said.
DSEX, the key index of the Dhaka Stock Exchange, decreased by 26.19 points, or 0.46 per cent, to close at 5,568.45 points on the day, after adding 30.01 points in the previous session.
The turnover on the day decreased to Tk聽967.22 crore compared with that of the previous session鈥檚 Tk聽1,019.08 crore, which was the highest in 63 days.
Market operators said that a section of investors chose to take advantage of the recent market recovery.
They said that investors were closely monitoring the market, opting for a cautious approach due to the absence of clear indications of a sustained upward trend.
In the past 20 weeks, the DSE moved forward in only six weeks.
Of the 394 issues traded on Wednesday, 98 advanced, 267 declined and 30 remained unchanged.
The DSE Shariah index increased by 3.84 points, or 0.31 per cent, to close at 1,219.47 points on the day.
The DS30 index lost 6.40 points, or 0.32 per cent, to finish at 1,958.13 points.
On the sectoral front, pharmaceutical issues exerted the highest turnover, followed by the food and textile shares.
EBL Securities in its daily commentary said, 鈥楥autious investors enticed into profit booking with continued price appreciation in the major scrips.鈥�
Beach Hatchery topped the turnover chart on the day with its shares worth Tk聽39.16 crore changing hands.
Orion Pharma, Sea Pearl Beach Resort & Spa, Intraco Refueling Station, Salvo Chemical Industry, JMI Hospital Requisite Manufacturing, Taufika Foods and Lovello Ice-cream, Asiatic Laboratories, Far East Knitting & Dyeing Industries and Aftab Automobiles were the other turnover leaders.