BM Desk:
After two days of decline, the Dhaka Stock Exchange (DSE) witnessed a positive turnaround on Monday, with the crucial turnover indicator surpassing the Tk 10 billion mark. Investors flocked back to select sectors, boosting both the index and trading activity.
Investor confidence seemed to rebound, driving up both the DSEX index (by 0.23%) and overall trading activity. Over 200 issues saw gains, while losses were limited to 146. Key indices like the DSE 30 and DSE Shariah also ended in positive territory, reflecting the renewed optimism. This promising upswing suggests a potential return to normalcy for the market after recent downtrends.
BDTHAI led the turnover chart, followed by AOI, ORIONINFU, LHBL, and KARNAPHULI. On the positive side, DACCADYE topped the gainers’ list, surging 10%, while BBSCABLES emerged as the biggest loser, dropping 10%.
The Chittagong Stock Exchange (CSE) saw a less vibrant performance, with both the CASPI and CSCX indices ending in the red. However, trading activity remained somewhat positive, with 123 issues advancing and 94.28 lakh shares exchanged for Tk 21.82 crore.
Overall, the market rebound offers a promising sign for investor confidence, suggesting a potential return to normalcy after recent downtrends. The strong turnover on the DSE, coupled with sector-specific activity, indicates renewed interest and selective buying opportunities.
