Written by The Banking Post
Dhaka stocks advanced for the second consecutive session on Sunday, lifted by renewed investor appetite for banking and textile shares ahead of the upcoming earnings season.
Market operators said the rally was underpinned by a rebound in investor sentiment, which kept the market on a positive trajectory throughout the session.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), gained 51.24 points to close at 5,401.49.
Five companies contributed nearly half of the day’s gains, adding 24.8 points to the index. The top contributors were Islami Bank, City Bank, Beximco Pharmaceuticals, Pubali Bank, and Al-Arafah Bank.
The blue-chip DS30 index climbed 22.13 points to 2,096, while the DSES index, which tracks Shariah-compliant firms, advanced 9.41 points to 1,172.57.
