B Mirror Report: The capital market continued its mild recovery for a second consecutive session today as selective buying in undervalued stocks supported the index, though overall sentiment remained cautious due to persistent selling pressure.

Market analysts said the session opened on a positive note, driven by bargain hunting that continued until mid-session. However, gains were partially trimmed later as investors reduced exposure amid uncertainty over the near-term market direction.

Despite fluctuations, buying interest slightly outweighed selling pressure at the close, pushing the benchmark DSEX index of the Dhaka Stock Exchange (DSE) up by 10.8 points to 5,222, compared to 5,212 in the previous session.

Turnover on the DSE also showed a strong improvement, rising 24.5 percent to Tk 8.4 billion from Tk 6.7 billion in the previous session, indicating increased trading activity.

Sector-wise, General Insurance led turnover with 16.1 percent share, followed by Pharmaceuticals at 15.3 percent and Engineering at 14.0 percent.

In terms of sector performance, General Insurance posted the highest gain with 1.7 percent growth, followed by Information Technology (0.9 percent) and Engineering (0.7 percent). The Ceramic sector saw the sharpest decline, falling 1.5 percent, while Services and Tannery sectors each dropped 1.0 percent. Out of 396 traded issues, 198 advanced, 127 declined, and 76 remained unchanged.

Meanwhile, trading at the Chittagong Stock Exchange (CSE) closed mixed. The Selective Categories’ Index (CSCX) fell 12.9 points, while the All Share Price Index (CASPI) rose 24.3 points.