Stocks passed yet another downbeat session on Monday, extending the losing streak for the fourth straight day, as most of the investors continued to keep cautious stance.
Meanwhile, garment manufacturer Stylecraft was the day's biggest loser, losing 78.92 per cent, following its price adjustment after record date.
The Stylecraft's share price plunged 78.92 per cent or Tk 2609.80 each to close at one year's lowest at Tk 697 on Monday. Its share price was Tk 3306.80 each on Sunday.
The company's share traded between Tk 697 and Tk 4900 in the last one year.
The company has recommended 410 per cent stock dividend for the year ended on June 30, 2018. It was the highest stock dividend recommended so far by any listed company in the country's capital market history.
Market operators said lower than expected earnings disclosures by a number of companies dampened investors' confidence while some are closely eyeing the political front as national election nears.
The market started on positive note and the key index rose more than 30 points within first hour of trading. But rest of the session went down steadily, finally ended more than 14 points lower.
DSEX, the prime index of the Dhaka Stock Exchange, went down by 14.05 points or 0.26 per cent, closing the day at 5,224.
"The downward shift in the index is mainly driven by significant negative changes in most of the large-cap sectors like bank, pharmaceuticals and power," commented LankaBangla Securities.
The Chittagong Stock Exchange (CSE) also ended lower with its CSE All Share Price Index-CASPI-losing 57 points to settle at 16,031 and the Selective Categories Index - CSCX -shedding 35 points to finish at 9,711.
The losers beat gainers as 118 issues closed lower, 85 ended higher, with 34 issues remaining unchanged on the CSE.
The port city bourse traded 7.18 million shares and mutual fund units worth Tk 208 million in turnover.
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