BSS
  08 Jun 2026, 19:39

Stocks snap 10-day winning streak on profit-taking

DHAKA, June 8, 2026 (BSS) - Stocks today ended a 10-session gaining streak as investors engaged in profit-taking, prompting a broad-based correction in share prices amid cautious sentiment ahead of the national budget.

The benchmark DSEX index of the Dhaka Stock Exchange (DSE) declined by 33.2 points to close at 5,483, down from 5,516 points in the previous trading session.

Market operators said investors opted to lock in profits following the recent rally, while many remained watchful of market momentum amid pre-budget uncertainties. 

The market opened on a volatile note and remained in negative territory throughout the session as selling pressure persisted across major stocks.

Turnover on the premier bourse also fell significantly, dropping 29.9 percent to Tk 10.7 billion from Tk 15.3 billion in the previous session.

Among sectors, General Insurance dominated turnover with a 19.2 percent share, followed by Engineering at 13.2 percent and Pharmaceuticals at 12.1 percent.

Most sectors posted losses during the session, with Services, Cement and Financial Institutions registering the sharpest declines.

However, General Insurance gained 1.9 percent, while Paper and Tannery sectors rose by 0.7 percent and 0.4 percent respectively.

Out of 396 issues traded on the DSE, 98 advanced, 246 declined and 52 remained unchanged, reflecting the prevailing bearish sentiment.

The Chittagong Stock Exchange (CSE) also closed lower. The Selective Categories' Index (CSCX) fell by 56.5 points, while the All Share Price Index (CASPI) declined by 84.7 points at the close of trading.