Dhaka bourse closed the Monday's session marginally lower after seven sessions of continuous rise following mixed performance of major sectors.
Insiders said investors opted to book profits offloading their holdings matured in previous sessions.
Of the major sectors, general insurance saw the highest price appreciation and all of the top 10 gainers were from this sector.
The share prices of the top 10 gainers rose ranging 9.39 per cent to 10 per cent on Dhaka Stock Exchange (DSE).
The DSE opened the day's session positively and the DSE broad index DSEX continued an upward trend for around 50 minutes.
Later, the DSEX exhibited ups and downs and finally closed the session with a marginal loss.
At the end of the session, the DSEX closed at 6489.17 with a loss of 0.12 per cent or 8.22 points.
The shariah based index DSES declined 0.63 per cent or 9.11 points to close at 1416.98.
DS30 index comprising blue chip securities closed at 2361.34 with a loss of 0.52 per cent or 12.46 points.
According to a market review of International Leasing Securities, short term profit booking tendency of cautious investors played a role behind the Monday's correction.
Of 379 issues traded on Monday, 130 advanced, 209 declined and 40 were unchanged on the premier bourse DSE.
The DSE on Monday posted a turnover of Tk 9.74 billion which was 2.51 per cent higher than the turnover of the previous session.
Of total turnover, Tk 505 million came from transactions executed in block board of the premier bourse.
Of the large cap companies which saw price appreciation, the share price of Walton Hi-Tech Industries advanced 0.53 per cent, Renata 0.87 per cent, and United Power Generation & Distribution Company 0.04 per cent.
Of the companies which witnessed price correction, the share price of Grameenphone declined 1.98 per cent, British American Tobacco Bangladesh Company 0.04 per cent, MJL Bangladesh 0.68 per cent and Beximco 0.74 per cent.
Of the sectors which saw price appreciation, bank advanced 0.6 per cent, engineering 0.2 per cent, general insurance 7.7 per cent, life insurance 0.2 per cent, and mutual fund 0.5 per cent.
Of the sectors which witnessed price correction, fuel & power declined 0.1 per cent, pharmaceuticals & chemicals 0.7 per cent, telecommunication 1.0 per cent and textile 1.0 per cent.
Investors' participation was concentrated mostly on general insurance sector which grabbed 13.6 per cent of market turnover followed by financial institutions 10.7 per cent, bank 9.9 per cent, pharmaceuticals & chemicals 9.0 per cent, and miscellaneous 8.9 per cent.
Beximco topped the scrip wise turnover chart with a value of Tk 458 million followed by Bangladesh Finance Tk 293 million, IPDC Finance Tk 293 million, Pravati Insurance Tk 200 million and LafargeHolcim Bangladesh Tk 194 million.
Pioneer Insurance Company was the number one gainer with a rise of 10 per cent or Tk 7.80 to close at Tk 85.80 each.
Trust Bank was the worst loser after declining 10.08 per cent or Tk 4.0 to close at Tk 35.70 each.
CASPI, benchmark index of Chittagong Stock Exchange (CSE), declined 0.10 per cent or 19.51 points to close at 19019.83 on Monday.
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