The downtrend in the stock market persisted for the seventh consecutive session on Wednesday, with key indices and most share prices declining at both the Dhaka and Chattogram stock exchanges.

At the Dhaka Stock Exchange (DSE), the benchmark DSEX index edged down by 1 point at the end of the day’s trade.

Among other indices, the Shariah-based DSES gained 3 points and the blue-chip DS30 index rose by 5 points.

Out of 398 issues traded, 121 advanced, 203 declined and 74 remained unchanged.

Prices fell across all categories—A, B and Z. In the A-category, which comprises the highest dividend-paying companies, 70 issues gained, 115 lost and 34 remained unchanged out of 219 traded.

In the block market, shares of 31 companies worth Tk 9 crore changed hands, with Trust Islami Life Insurance accounting for the highest block trade worth Tk 1.2 crore.

Despite the fall in the key index and most share prices, turnover increased on the DSE, reaching Tk 704 crore compared to the previous session’s Tk 665 crore.

Gemini Sea Food topped the gainers’ list with a rise of over 9 percent, while SEML Lecture Equity Management Fund suffered the biggest loss, shedding over 8 percent.

CSE

The Chittagong Stock Exchange (CSE) also witnessed a downturn, with the overall CASPI index losing 14 points.

Out of 201 issues traded on the bourse, 72 advanced, 100 declined and 29 remained unchanged.

The turnover at the CSE stood at Tk 9 crore, down from Tk 22 crore in the previous session.

Legacy Footwear topped the gainers’ list on the CSE with a gain of 9 percent, while Eastern Insurance Company Ltd was the worst performer, dropping 10 percent.