B Mirror Report: Both of the country’s stock markets, the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), fell further today as cautious investors stayed on the sidelines, closely monitoring market momentum amid perceived sluggish trading during the Ramadan season.

DSEX, the broad index of the Dhaka Stock Exchange, continued its decline for the fourth consecutive session, dropping 53.2 points, or 1.0%, to close at 5,466 points, down from 5,519 points in the previous session.

The market experienced volatile swings throughout the day, with early fluctuations giving way to intensified broad-based selling in the latter half of the session, pushing most stocks into negative territory.

Meanwhile, the shortened trading session also led to a 40.2% decline in market turnover, which fell to Taka 5.6 billion from Taka 9.4 billion in the prior session.

On the sectoral front, Bank (19.4%) issues recorded the highest turnover, followed by Pharma (14.0%) and Textile (10.4%) sectors.

All sectors posted negative returns, with Ceramic (-2.7%), General Insurance (-2.3%), and Paper (-2.2%) contributing the most losses to the market today.

Of the 397 issues traded, 43 advanced, 309 declined, and 45 remained unchanged.

The port city bourse, CSE, also closed in negative territory. The Chittagong Selective Categories’ Index (CSCX) and All Share Price Index (CASPI) fell by 34.1 points and 79.9 points, respectively.