Despite Bangladesh Bank's (BB) policy support regarding banks' capital market exposure, the investors were yet to find a solid ground to ignite their investment mindset amid lack of confidence.
As investors' confidence almost eroded, the market continued its declining trend for the seventh consecutive session Monday, while DSEX lost around 188 points or 4.35 per cent in the past seven trading sessions.
 "While investors waited for the details of Bangladesh Bank's policy support regarding banks' capital market exposure, market continued in the falling trend, with most of the issues facing erosion in prices," said an analyst at a leading brokerage firm.
The central bank Monday evening said that they started to settle the banks' over exposure in stocks 'case-to-case' basis to bring down the banks' over exposure within stipulated timeframe without selling any shares.
As sentiment remained shaky, the benchmark index of the Dhaka Stock Exchange (DSE) went down by 24.29 points or 0.58 per cent to settle at 4,171.41 points.  
The two other indices also ended lower. The DS30 index, comprising blue chips, lost 13.11 points or 0.81 per cent to finish at 1,599.24. The DSE Shariah Index (DSES) fell 5.12 points or 0.50 per cent to close at 1,020.02 points.
"After moving sharply lower earlier in the session, stocks regained some ground going into the close of trading but remained mostly in the red," said Asian Tiger Capital Partners, an asset management company, in an analysis.
A total number of 0.077 million trades were executed in the day's trading session generating turnover of Tk 4.61 billion with trading volume of 100.31 million securities.
The market capitalisation of the DSE stood at Tk 2,985.34 billion against Tk 2,999.85 billion in the previous session.
All the major sectors failed to perform as investors shown less interest in trading. Notable selling of shares was observed in the financial institutions, pharmaceuticals, and telecommunication, engineering and banking sectors.
The losers took a strong lead over the gainers as out of 309 issues traded, 205 closed lower, 75 higher and 29 remained unchanged on the DSE trading floor.
MJL BD dominated the turnover chart with 1.67 million shares worth Tk 174 million changing hands, followed by Linde BD Tk 172 million, Islami Bank Tk 136 million, Brac Bank Tk 97 million and Doreen Power Tk 84 million.
Intech Limited, an IT sector company, was the day's best performer, posting a rise of 16.67 per cent, while Sonargoan Textile was the worst loser, plunging 21.74 per cent.
All the five indices of the port city bourse Chittagong Stock Exchange (CSE) ended lower with its Selective Categories Index, CSCX, falling 55.25 points to 7,794.93 points.
CSE 50 index closed at 939.02, shedding 8.69 points, while CSE 30 Index fell 101.62 points to finish at 11,893.89.
CASPI index posted 97.67 points loss to close at 12,820.96 while CSI index dropped 4.82 points to settle at 895.32 points.
Losers beat gainers as 146 issues closed lower, 58 closed higher and 18 remained unchanged on the CSE.
The port city bourse traded 10.76 million shares and mutual fund units worth Tk over 245 million in turnover.
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Source: The Financial Express