DHAKA, Nov 10, 2024 (BSS) – Country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - today plunged further as investors preferred to realize their short-term gains and observe the market momentum amid earning declarations of the listed companies for the recently ended quarter.

DSEX, the broad index of the Dhaka Stock Exchange, lost 50.49 points or 0.9 percent to settle at 5,265.85 points, as against 5,316.33 points in the previous trading session. 

Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 11.86 points to finish at 1,953.68 and the DSE Shariah Index (DSES) lost 12.40 points to close at 1,175.51.

Market turnover surged by 3.3 percent to Taka 5.6 billion as against Taka 5.4 billion in the previous session. On the sectoral front, Financial Institutions (18.0 percent) issues exerted the highest turnover, followed by Pharma (14.9 percent) and Textile (10.4 percent) sectors. 

Most of the sectors displayed negative returns, out of which Jute (-8.0 percent), Financial Institutions (-3.3 percent) and Engineering (-2.6 percent) exhibited the most negative returns on the bourse today. 

Out of the 394 issues traded, 63 advanced, 292 declined and 39 remained unchanged.
The port city bourse, CSE, also witnessed a negative session today.

 The selected indices (CSCX) and All Share Price Index (CASPI) declined by 30.0 points and 55.6 points respectively.