Dhaka: Country’s both the bourses– Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — today witnessed an upward trend like earlier as investors continued showing renewed buying interest particularly on banking and textile sector stocks. DSEX, the broad index of the DSE, advanced by 66.2 points to settle at 5,455 points as against 5,389 points in the previous trading session.
According to Bangladesh Sangbad Sangstha, market analysts observed that buyers continued their dominance across the trading board throughout the session as invigorated market activity drew stronger investor participation. Apparently, market turnover remained resilient, slightly decreasing by 1.9% to Taka 11.8 billion from Taka 12.0 billion in the previous session.
On the sectoral front, Pharma issues exerted the highest turnover at 16.0%, followed by Textile at 12.3% and General Insurance at 11.8%. Sectors mostly displayed positive returns, with General Insurance, Life Insurance, and Bank sectors exhibiting the most positive results on the bourse today, while Jute and IT sectors exerted the most corrections.
Out of the 397 issues traded, 237 advanced, 113 declined, and 47 remained unchanged. The port city bourse, CSE, also settled on positive terrain. The Selective Categories’ Index (CSCX) and All Share Price Index (CASPI) rose by 111.0 points and 170.2 points, respectively.