Stocks witnessed a massive fall on Sunday with the key index of the major bourse dipping below the 6000-mark after three weeks.
The market fell sharply at the opening and the downward trend continued with no sign of reversal amid panic-driven investors' sell-offs on major sector stocks.
The prime index of the Dhaka Stock Exchange (DSE) went down by 100.10 points or 1.64 per cent to settle at 5,992.
Market operators said that following the news of countrywide stricter lockdown, the investors sold out their shares aggressively, leading the indices to drop massively.
The two other indices also fell sharply with the DSE 30 Index, comprising blue chips, losing 30.88 points to finish at 2,168 and the DSE Shariah Index (DSES) shedding 14.43 points to close at 1,287.
The daily trade turnover stood at Tk 17.40 billion on the DSE, which was 9.0 per cent higher than the previous day's one-month lowest turnover of Tk 15.97 billion.
The market saw a steep fall as the government announced a fresh strict lockdown in the country, commented LankaBangla Securities, a leading stockbroker.
The panic-driven investors' sell pressure in almost all the sectors pushed down the DSEX massively.
Among the major sectors, general insurance saw a big hit, losing 4.70 per cent, followed by financial institutions with 2.20 per cent, engineering 2.0 per cent, power 1.40 per cent, food 1.30 per cent and banking 1.10 per cent.
The investors continued to show immense interest in the textile sector, gaining 1.90 per cent further on export earnings hope, as the US and the EU economies, major export destinations of RMG, started rebounding with mass vaccinations.
Losers took a strong lead over the gainers, as out of 372 issues traded, 306 declined, 54 advanced and 12 remained unchanged on the DSE trading floor.
Beximco - the flagship company of Beximco Group - dominated the turnover chart with shares worth about Tk 1.03 billion changing hands, closely followed by Dutch-Bangla Bank (Tk 389 million), Malek Spinning Mills (Tk 384 million), Kattali Textile (Tk 378 million) and Makson Spinning Mills (Tk 358 million).
Matin Spinning Mills was the day's top gainer, rising 9.83 per cent, while Republic Insurance was the worst loser, shedding 12.06 per cent following its price adjustment after the record date.
A total of 275,884 trades were executed in the day's trading session with a trading volume of 595.65 million shares and mutual fund units.
The market cap of DSE also fell to Tk 5,042 billion on Sunday, down from Tk 5,106 billion in the previous session.
The Chittagong Stock Exchange (CSE) also plunged, with the CSE All Share Price Index (CASPI) slumping by 297 points to settle at 17,359 and the Selective Categories Index (CSCX) plunging by 181 points to close at 10,441.
Of the issues traded, 241 declined, 58 advanced and 12 remained unchanged on the CSE.
The port city's bourse traded 49.34 million shares and mutual fund units with a turnover value of Tk 2.14 billion.
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