Written by The Banking Post
Dhaka stocks bounced back last week, ending a two-week losing streak, as turnover surged, signalling renewed investor interest.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), gained 24.71 points, or 0.46 percent, to close at 5,374.96. Blue-chip stocks, tracked by the DS30 index, rose 0.75 percent to 2,089.44, while the Shariah-compliant DSES advanced 1.48 percent to 1,180.34.
Turnover climbed to Tk 4,535.69 crore from Tk 3,445.94 crore the previous week, with an average daily turnover of Tk 907.13 crore, up 31 percent from the prior week’s Tk 689.18 crore.
The pharmaceuticals and chemicals sector dominated trading, accounting for 18 percent of daily turnover, followed by banks with 11 percent and the textile sector. Sector-wise, paper and printing stocks led with a 9 percent gain, while jute, IT, and general insurance also posted notable advances.
Market breadth was positive, with 241 stocks advancing, 129 declining, and 24 remaining unchanged. Among individual movers, Information Services Network Ltd surged 47 percent, becoming the top gainer, while Exim Bank of Bangladesh fell 17 percent, recording the steepest loss.
