Stocks extended losses for the sixth straight session on Thursday as investors were in selling mood amid political tension.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended 14.82 points or 0.28 per cent lower to settle at its one-month low of 5,251.
The DSEX eroded 110 points or 2.05 per cent in the past six consecutive sessions.
The market capitalisation of the DSE also wiped out Tk 43 billion in the six straight days and stood at Tk 3798 billion on Thursday.
"Election sentiments are in the minds of investors and most of the investors have taken a cautious stance," said a leading broker.
On Thursday, the market opened on a positive note and the DSE key index rose about 27 points within first 20 minutes of trading. But the index fell during the rest of the session.
The DSE Shariah Index also lost 3.65 points to close at 1,206.
According to Sheltech Brokerage, the market downward trend continued for the sixth consecutive days amid political worries.
However, the DS30 index, comprising blue chips, saw a fractional gain of 0.98 point to finish at 1,843 points.
Turnover, another important indicator of the market, remained low and the total turnover amounted to Tk 4.99 billion, which was Tk 2.50 per cent lower than the previous day's Tk 4.87 billion.
A total number of 129,271 trades were executed in the day's trading session, with trading volume standing at 123.73 million securities.
According to International Leasing Securities, the downward shift in the index is mainly driven by negative changes in large-cap sectors like food, pharma, banking and engineering.
The losers took a strong lead over the gainers, as out of 339 issues traded, 183 declined, 112 advanced, and 44 issues remained unchanged on the DSE trading floor.
The port city bourse, Chittagong Stock Exchange (CSE), also closed lower with its CSE All Share Price Index - CASPI -losing 34 points to settle at 16,125 and the Selective Categories Index -- CSCX -- shedding 25 points to finish at 9,754.
The losers beat gainers as 120 issues closed lower, 93 ended higher and 39 remained unchanged on the CSE.
The port city bourse traded 10.41 million shares and mutual fund units worth more than Tk 2.55 billion in turnover, riding on block transactions.
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