The benchmark index of the Dhaka Stock Exchange (DSE) experienced a decline on 7th May, breaking a five-day gaining streak. Despite an initial upward trend at the start of the trading session, the prime index DSEX plummeted before closing, dropping by 1.74 points or 0.03% to settle at 5,725.28. The DSES (Shariah-based index) and DS30 (blue-chip index) also witnessed declines, with the DSES dropping 6.48 points (1.16%) to 1,255.02, and the DS30 falling 6.43 points (0.31%) to 2,040.39.
However, the overall turnover increased by 1.16% to Tk 1,108 crore, marking a three-month high. The non-bank financial institutions, mutual fund, and services and real estate sectors closed positively, while information technology, life insurance, and jute sectors ended in the negative territory. The pharmaceutical sector dominated the turnover, accounting for 8.75% of the day’s total turnover.
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