The stock market has almost closed the books on the fiscal year (FY) 2024-25 without a single company getting listed through an initial public offering (IPO), a rare event not seen in decades.

Dhaka stocks plunged in the morning session, the first trading day following holidays on the occasion of Eid-ul-Fitr and Pahela Baishakh.

There were also positive changes in the market capitalisation of food and allied, engineering, and telecommunication scrips, it said.

Stocks of British American Tobacco Bangladesh (BATB) dropped at Dhaka Stock Exchange (DSE) following the lifting of its floor price yesterday, just as it had occurred for that of Grameenphone on the day before.