Dhaka: Stocks today managed a turnaround from the correction phases as investors turned back to the market owing to positive expectations amid favourable macroeconomic developments. DSEX, the broad index of the DSE, slightly advanced by 10.3 points to settle at 5,347 points as against 5,337 points in the previous trading session.
According to Bangladesh Sangbad Sangstha, investor participation remained subdued, with market turnover falling below the Taka 5 billion mark after around 3 months, further declining by 14.2% to Taka 4.7 billion from Taka 5.4 billion in the previous session. On the sectoral front, Pharma issues exerted the highest turnover at 14.0%, followed by Textile at 13.9% and Bank sectors at 10.4%.
Sectors mostly displayed positive returns, out of which Paper, Ceramic, and IT exhibited the most positive returns on the bourse today, with increases of 3.9%, 2.7%, and 2.3%, respectively. However, Services, Bank, and Food sectors exerted marginal corrections with declines of 0.5%, 0.5%, and 0.1%, respectively. Out of the 397 issues traded, 233 advanced, 100 declined, and 64 remained unchanged.
The port city bourse, CSE, however, settled on red terrain. The Selective Categories’ Index (CSCX) and All Share Price Index (CASPI) plunged by 30.0 points and 53.0 points, respectively.