DHAKA, Jan 11, 2025 (BSS) - Country's both bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today plunged as deteriorating investor sentiment pushed most scrip into the red.

The DSE Broad Index (DSEX) saw a sharp drop of 58.96 points, closing at 4939.59. Similarly, the blue-chip DS-30 index fell by 18.74 points to settle at 1896.20, while the DSES Shariah index decreased by 11.92 points to finish the day at 998.89.

According to the daily market summary, the total turnover on the premier bourse stood at Taka 412.28 crore. A total of 13,74,21,679 shares and mutual fund units were traded through the exchange.

Out of the 392 companies that participated in the day's trading, the prices of only 38 stocks increased, while 313 issues declined, and 41 remained unchanged.

The top 10 companies by turnover (in Taka) were led by Orion Infusion, followed by Domineage Steel, City Bank, Square Pharma, Uttara Bank, CVO Petroleum, Fine Foods, BSC, Summit Alliance Port, and GQ Ballpen.

The top 10 gainers of the day included Shinepukur Ceramics, Fine Foods, ICB AMCL 2nd MF, MBL 1st MF, ICB Employees Provident Fund 1 Scheme 1, CVO Petroleum, NCCBL MF-1, Domineage Steel, Silva Pharma, and Sikder Insurance.

Conversely, the top 10 losers were Fareast Finance, International Leasing, Prime Finance, FAS Finance, Peoples Leasing, Premier Leasing, Khulna Printing and Packaging, BIFC, GSP Finance, and Orion Infusion.

To visualize this market activity, the stock exchange is like a giant scale where, today, the weight of the sellers (losers) was significantly heavier than the buyers (gainers), causing the overall balance of the market index to tip downward.

The port city bourse, CSE, also settled on a negative zone. The Selective Categories' Index (CSCX) and All Share Price Index (CASPI) declined by 73.53 points and 116.88 points, respectively.