Dhaka bourse closed the Tuesday's session marginally lower amid a down trend continued for fourth consecutive session.
On the day, DSEX, the broad index of Dhaka Stock Exchange (DSE), declined as losers took control over the gainers following investors' stance opted to book profits.
The turnover, however, crossed Tk 10 billion-mark riding on general insurance sector.
The market opened the session positively but after five minutes the core index failed to sustain and displayed ups and downs till mid-session.
Later, the broad index lost more points amid the declining trend that continued till closure.
At the end of the session, the DSEX settled at 4867.96 points with a loss of 0.49 per cent or 24.04 points.
Of other indices, the shariah based index DSES declined 0.57 per cent or 6.41 points to close at 1103.05 points.
DS30 index comprising blue chip securities closed at 1675.41 points with a loss of 0.44 per cent or 7.50 points.
Of 356 issues traded, 85 advanced, 205 declined and 66 were unchanged on the premier bourse DSE.
The DSE featured a turnover of Tk 10 billion which was 13 per cent higher than the turnover of previous session.
Of total turnover, Tk 378.58 million came from transactions executed in block board.
According to a market review of International Leasing Securities, the DSE broad index continued the downward trend for the four consecutive sessions amid choppy trading as the shaky investors continued profit booking sell offs over the last few session's price upsurge.
"Investors opted to liquidate their holdings in sector specific stocks based on the latest corporate declarations which have failed to meet the expectations," said the International Leasing Securities.
It said general insurance sector continued to attract the investors and their increased participations were reflected in daily turnover over the last couple of months.
Of the major sectors which witnessed price correction, engineering declined 2.5 per cent, bank 0.52 per cent, textile 1.4 per cent, life insurance 3.6 per cent, mutual funds 1.6 per cent, and financial institutions 0.38 per cent.
Of the sectors which witnessed price appreciation, general insurance advanced 4.4 per cent, fuel & power 0.1 per cent, IT 1.2 per cent and tannery 0.50 per cent.
Investors' participation was concentrated mostly on general insurance sector which featured a turnover of above Tk 3.73 billion followed by pharmaceuticals & chemicals above Tk 1.03 billion, financial institutions Tk 888.4 million, and engineering Tk 670.5 million.
Beximco Pharmaceuticals topped the scrip wise turnover chart with a value of Tk 462 million followed by LankaBangla Finance Tk 355 million, Sandhani Life Insurance Company Tk 297 million, BRAC Bank Tk 261 million and Beximco Tk 257 million.
Associated Oxygen was the number one gainer on the second session after listing. The company's share price rose 50 per cent or Tk 7.5 to close at Tk 22.50 each following 50 per cent price limit.
Desh Garments was the worst loser after declining 9.94 per cent or Tk 12.30 to close at Tk 111.50 each.
On Tuesday, the CASPI, benchmark index of the Chittagong Stock Exchange (CSE), declined 0.29 per cent or 41.77 points to close at 13900.58 points.
Of 273 issues traded, 94 advanced, 136 declined and 43 were unchanged.
At the end of the session, the port city bourse CSE posted a turnover of above Tk 314.29 million.
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