Stocks extends upward trajectory

Date:

Post View:

Stocks extends upward trajectory

B Mirror Report: Stocks continued their upward momentum today as investors showed renewed interest in undervalued shares, while optimism over ceasefire talks in the Middle East supported market sentiment.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 34.3 points to close at 5,157, up from 5,123 in the previous session.

Trading began cautiously with selective buying, but growing confidence fueled stronger buying activity, lifting the indices. Market turnover surged 26.8% to Taka 6.0 billion from Taka 4.7 billion previously.

Sector-wise, Pharma led turnover with 16.8%, followed by Engineering (13.9%) and General Insurance (10.8%). Notable gainers included Ceramic (2.7%), Paper (2.1%), and Textile (1.8%), while Food (-0.2%) recorded the only significant decline.

Of 397 traded issues, 274 advanced, 64 declined, and 58 remained unchanged.

Meanwhile, the Chittagong Stock Exchange (CSE) closed in positive territory, with the Selective Categories Index (CSCX) and All Share Price Index (CASPI) recording slight gains.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

BB introduces new facility under back-to-back LCs

B Mirror Report: Bangladesh Bank has introduced a new...

Bangladesh unveils first bank-backed venture capital platform

B Mirror Report: Bangladesh's first institutionally managed venture capital...

DSE bounces back after five-day slump

B Mirror Report: Bangladesh’s stock market returned to positive territory...

QR Code made mandatory on visa-related bank documents

Bangladesh Bank has made it mandatory to include QR...