Stocks Show Mixed Trend as DSEX Ends Flat

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Stocks Show Mixed Trend as DSEX Ends Flat

B Mirror Report: Stocks witnessed a mixed trading pattern today as investors remained cautious amid ongoing developments surrounding the Middle East conflict, leading the benchmark index to close almost flat.

The DSEX, the key index of the Dhaka Stock Exchange (DSE), edged up by 2.5 points or 0.05 percent to close at 5,292 points, compared with 5,290 points in the previous trading session.

Market participants remained active on both sides of the trading spectrum. While some investors used the recent market rebound to book profits from sector-specific large-cap stocks, others preferred to remain cautious and observe market trends.

At the same time, several speculative and momentum-driven stocks saw price increases as opportunistic investors continued to pursue short-term gains.

Market turnover declined by 11.8 percent to Tk 5.2 billion, down from Tk 5.9 billion in the previous session. In terms of sector-wise turnover, Pharma accounted for the highest share at 18.4 percent, followed by Bank at 16.3 percent and Textile at 11.4 percent.

Most sectors posted gains during the session. Among them, Ceramic (2.8%), Travel (2.4%), and IT (2.2%) recorded the highest positive returns. However, Jute (-1.2%), Bank (-1.0%), and Cement (-0.4%) experienced some corrections.

Out of the 397 issues traded, 234 advanced, 95 declined, and 68 remained unchanged.

Meanwhile, the port city bourse, the Chittagong Stock Exchange (CSE), also ended the day in positive territory. The CSCX rose by 31.5 points, while the CASPI gained 48.5 points at the close of trading.

 

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