The Dhaka Stock Exchange witnessed a downturn for the fourth consecutive day, with key indices continuing to fall throughout the trading session on Wednesday.
Most listed companies saw a decline in share prices as the market struggled to regain momentum.
All major indices of the DSE closed in the red, with the benchmark DSEX index dropping by 13 points. The Shariah-compliant DSES index fell by 7 points, while the blue-chip DS30 index declined by 0.67 points.
Out of the 395 traded companies, the share prices of 206 declined, while 124 advanced and 65 remained unchanged.
Under A-category, 93 companies saw a price decline, 80 recorded gains and 43 remained unchanged. Under B-category, 62 companies鈥� shares fell, 22 rose and 5 stayed unchanged. Under Z-category, 49 companies experienced a drop, while 21 advanced and 17 remained stable.
Among the traded mutual funds, 19 remained unchanged, while 10 declined and 8 gained in value.
In the block market, shares of 29 companies amounting to 2.91 million units were traded for Tk 4.36 crore.
Alongside the declining indices, turnover on the DSE also dropped. Total trading volume stood at Tk 314 crore, compared with that of Tk 328 crore on the previous day.
The DSE SME index (DSME) saw marginal growth of less than 1 per cent. Within this sector, 11 companies鈥� share prices fell, 8 increased and 1 remained unchanged.
Despite the downturn in prices, overall trade in this segment saw a slight rise, with turnover reaching Tk 7.74 crore, up from Tk 7.48 crore the previous day.
Despite the overall market slump, Hakkani Pulp & Paper Mills recorded the highest gain, with its share price surging by 9.81 per cent. Conversely, Premium Cement Mills PLC faced the steepest decline, with its stock losing 9.8 per cent of its value.