Stocks flat, turnover dips to 10-day low
82 scrips advance, 62 decline, and 156 remain unchanged on the DSE trading floor
Equity indices at the Dhaka Stock Exchange (DSE) exhibited mixed performance on Monday, with the daily turnover hitting the lowest in the last ten days.
Dhaka bourse's broad-based index DSEX and Shariah index DSES inched up to 6,283 and 1,359 points respectively, while the blue-chip index DS30 slipped to 2,135.
The bourse witnessed a significant decline in market participation as investors shied away amid concerns regarding various macroeconomic and political issues, particularly the recent restrictions on US visas of Bangladeshi individuals.
Keep updated, follow The Business Standard's Google news channel
On the day, the DSE turnover fell by 12% and stood at Tk441.27 crore, which is the lowest since 11 September.
Out of all the scrips, 82 advanced, 62 declined, and 156 remained unchanged on the DSE trading floor.
On the sectoral front, general insurance contributed the highest 32.5% to the day's turnover, followed by food stocks adding 14.1% and IT adding 9.4%.
The sectors displayed mixed returns on Monday while the IT sector posted the highest price appreciation of 0.8%, followed by general insurance gaining 0.4%.
On the other hand, the travel sector saw the highest price correction of 0.7%, followed by cement, tannery, and services each losing 0.3% of their market capitalisations.
Union Insurance was the most traded stock on Monday, Khan Brothers the top gainer, and Legacy Footwear the top loser at the DSE.
