DSE saw its key index, DSEX, drop by 40.55 points to close at 5,901.12 on 24th March, failing to maintain its recent revival amid wavering investor confidence. Despite an initial uptrend in the first hour of trading, subsequent choppy sessions led to a reversal, with the core index slipping into the red territory again. Market turnover dipped by 4.9% to Tk 580 crore compared to the previous session, indicating cautious investor sentiment amidst persistent market volatility. Large-cap sectors experienced negative performance, with Non-Bank Financial Institutions (NBFI) suffering the highest loss of 1.57%. Block trades contributed 1.6% to the overall market turnover. Out of 396 issues traded, 62 advanced, 301 declined, and 33 remained unchanged. While sectors like jute and life insurance closed positively, services, real estate, IT, and textile slipped. Despite the overall decline, Asiatic Laboratories saw the day’s highest gain, rising by 9.96%, while AB Bank experienced the largest loss, shedding 7.92%.
BIZDATAINSIGHTS
Bizdata Insights is a Market Insights, Data Intelligence and Business Advisory Platform
Our Solutions
Menu
Newsletter
Sign up for our newsletter now by entering your e-mail address and never miss out on the latest news and updates from our team!