Stocks extend downtrend amid broad-based selling pressure

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Stocks extend downtrend amid broad-based selling pressure

B Mirror Report:  The stock market continued its downward trend on Tuesday (19 May 2026) as sustained selling pressure and post–record date adjustments in selected banking stocks weighed on investor sentiment.

The benchmark index of the Dhaka Stock Exchange (DSEX) fell by 23.1 points to close at 5,202, down from 5,226 in the previous session.

Although the market showed some resilience during mid-session trading, widespread sell-offs across most listed securities pushed the index firmly into negative territory by the close.

Turnover was dominated by the general insurance sector, which accounted for 18.9 percent of total trading activity, followed by food (0.6 percent) and ceramic (0.4 percent) sectors.

Sector-wise performance remained largely negative. Financial institutions declined by 1.8 percent, while services and mutual funds both dropped by 1.7 percent, making them the weakest performers. In contrast, jute rose by 1.0 percent, while food and ceramic sectors posted marginal gains.

Out of 396 traded issues, 80 advanced, 253 declined, and 63 remained unchanged, indicating broad-based weakness across the market.

Meanwhile, the Chittagong Stock Exchange also ended the session in negative territory. The Selective Categories’ Index (CSCX) fell by 25.2 points, while the All Share Price Index (CASPI) declined by 51.9 points.

 

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