Bangladesh’s stock market extended its gains on Wednesday as advances in large-cap stocks pushed the benchmark index higher despite broad-based declines in insurance and textile shares and weaker trading activity.

On the Dhaka Stock Exchange (DSE), the benchmark DSEX index rose 15 points to 5,926, its highest closing level since August 14, 2024, when it stood at 5,952 points.

Market data showed that insurance and textile stocks came under heavy selling pressure during the session. Of the listed insurance companies, 44 declined while only 11 advanced. In the textile sector, 46 stocks fell compared with eight gainers.

Overall, 131 issues advanced, 218 declined, and 51 remained unchanged on the DSE. However, gains in large-cap companies supported the market, with 22 of the 30 blue-chip stocks posting gains, six declining and two remaining unchanged.

The DSE-30 Index climbed 15 points to 2,242, while the DSE Shariah Index added one point to 1,208.

Turnover on the DSE fell to Tk 1.52 billion, down from Tk 1.65 billion in the previous session, a decline of about Tk 135.4 million.

The Chittagong Stock Exchange (CSE) also closed higher, with the CASPI Index gaining 91 points. Among the 256 traded issues, 101 advanced, 125 declined, and 30 remained unchanged.

Trading value on the CSE dropped sharply to Tk 321.7 million, compared with Tk 781.5 million in the previous trading session.