B Mirror Report: Stocks extended their losing streak for a second consecutive session today as investor confidence came under renewed pressure amid adjustments in domestic fuel prices, adding to cost-side concerns, while lingering uncertainty over Middle East ceasefire negotiations further dampened market sentiment.

The DSEX, the benchmark index of the Dhaka Stock Exchange, fell by 15.0 points or 0.3 per cent to settle at 5,232 points, down from 5,248 points in the previous trading session.

From the opening of trading, the market remained under pressure, with selling activity intensifying during mid-session, leading to a sharp decline. Although some buying interest emerged later in an attempt to recover losses, sustained selling pressure dominated, pushing the market to close in negative territory.

Despite the downturn in indices, market turnover remained relatively steady, increasing slightly by 0.7 per cent to Tk 8.2 billion compared to Tk 8.1 billion in the previous session.

Sector-wise, Engineering accounted for the highest share of turnover at 17.5 per cent, followed by Textile at 14.8 per cent and Pharmaceuticals at 11.8 per cent. Most sectors recorded negative returns, with Travel (-1.2 per cent), Jute (-1.0 per cent) and Cement (-1.0 per cent) posting the sharpest declines. In contrast, Services (1.5 per cent), Tannery (1.1 per cent) and Textile (0.6 per cent) sectors managed to close with gains.

Out of 397 issues traded on the Dhaka bourse, 119 advanced, 206 declined and 71 remained unchanged.

Meanwhile, the Chattogram Stock Exchange also ended the session in negative territory. The Selective Categories Index (CSCX) fell by 11.2 points, while the All Share Price Index (CASPI) declined by 27.8 points.