Dhaka:The Dhaka Stock Exchange (DSE) saw a significant recovery as investors returned to the market to take advantage of attractive share prices following recent declines. The DSEX index increased by 71.4 points, or 1.34 percent, closing at 5,413 points compared to the previous session's 5,342 points.
According to Bangladesh Sangbad Sangstha, the market opened positively and maintained its upward trajectory throughout the trading day, driven by sustained buying interest. This momentum was reflected in the market's turnover, which rose by 23.6 percent to Tk 650 crore from the previous session's Tk 520 crore, indicating heightened trading activity.
Investors remained cautious amid ongoing market unrest and uncertainties. Sector-wise, the Textile sector led with a 21.6 percent share of turnover, followed by General Insurance at 13 percent and Fuel and Power at 10.6 percent. Most sectors posted positive returns, with Ceramic gaining the most at 4.8 percent, followed by Paper at 3.0 percent and Financial Institutions at 2.3 percent. In contrast, Mutual Funds, Telecommunications, and Textiles experienced slight declines of 0.7 percent, 0.5 percent, and 0.1 percent, respectively.
Out of the 395 issues traded on the DSE, 249 advanced, 81 declined, and 65 remained unchanged. The Chittagong Stock Exchange (CSE) also ended positively, with its CSCX and CASPI indices gaining 88.4 points and 138.1 points, respectively.