DSEX slips 85 points as turnover drops 13%

The benchmark index of the Dhaka Stock Exchange (DSE) fell sharply today (22 June), shedding 85 points, while the daily turnover plummeted 13% today (22 June).

The key index, DSEX, ended 1.51% lower to settle at 5,554 points at the close of the session.

Concurrently, the blue-chip index, DS30, dipped by 35 points, or 1.65%, to finish at 2,110 points.

Market participation also cooled down significantly, dragging the daily turnover below the Tk1,000 crore mark for the first time in 16 days.

The day's trading saw overwhelming dominance from the bears, as out of all the traded issues, only 36 advanced, 319 declined, and 34 remained unchanged.

Beximco Pharmaceuticals topped the turnover chart, with shares worth Tk65.50 crore changing hands, followed closely by Summit Alliance Port and National Feed Mill.

On the gainer's side, Peoples Leasing and Financial Services emerged as the top performer of the session, with its share price surging by 8.33%.

Fareast Finance, Safko Spinning, and Phoenix Finance followed as the other major gainers.

Conversely, Dominage Steel and Beximco Limited emerged as the day's worst performers.