Stock

Stocks rebound, post slight gains

The stock market in Bangladesh rebounded from a two-day losing streak, with turnover surging in the closing session of the week.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose by 7.93 points, or 0.15 percent, closing at 5,200 points.

The other two indices of the country's premier bourse showed mixed performance. The Shariah-based stock index, DSES, increased by 0.43 percent to 1,162 points, while the blue-chip index, DS30, decreased by 0.16 percent to 1,909 points.

Among the traded securities, 167 saw price increases, 160 closed lower, and the remaining securities experienced no price fluctuations.

Turnover increased by 11.60 percent, reaching Tk 466 crore compared to the previous day's trading session.

The pharmaceuticals sector dominated the turnover chart, accounting for 13.68 percent of the total turnover.

In the individual company category, Fu-Wang Foods topped the gainers' list with a 10 percent rise, while Midland Bank saw the largest decline, falling by 8 percent.

Sector-wise, life insurance, jute, and information technology (IT) were the top three sectors that closed in the positive this week, according to UCB Stock Brokerage's daily market update.

However, ceramics, non-bank financial institutions (NBFIs), and food & allied sectors were the top three that closed in the negative.

According to BRAC EPL Stock Brokerage, large-cap sectors showed mixed performance yesterday. The telecommunications sector posted the highest gain of 0.52 percent, followed by the engineering sector (0.07 percent) and the pharmaceuticals sector (0.06 percent).

However, NBFIs recorded a loss of 0.21 percent, followed by the banking sector (-0.23 percent), fuel & power (-0.30 percent), and food & allied (-0.49 percent).

Grameenphone Limited emerged as the most-traded share, with a turnover of Tk 16.4 crore.

At the Chittagong Stock Exchange, the CSE All Share Price Index (CASPI), the prime bourse of the port city, saw a similar rising trend as the index grew by 15.54 points, or 0.11 percent, to 14,497.  

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Stocks rebound, post slight gains

The stock market in Bangladesh rebounded from a two-day losing streak, with turnover surging in the closing session of the week.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose by 7.93 points, or 0.15 percent, closing at 5,200 points.

The other two indices of the country's premier bourse showed mixed performance. The Shariah-based stock index, DSES, increased by 0.43 percent to 1,162 points, while the blue-chip index, DS30, decreased by 0.16 percent to 1,909 points.

Among the traded securities, 167 saw price increases, 160 closed lower, and the remaining securities experienced no price fluctuations.

Turnover increased by 11.60 percent, reaching Tk 466 crore compared to the previous day's trading session.

The pharmaceuticals sector dominated the turnover chart, accounting for 13.68 percent of the total turnover.

In the individual company category, Fu-Wang Foods topped the gainers' list with a 10 percent rise, while Midland Bank saw the largest decline, falling by 8 percent.

Sector-wise, life insurance, jute, and information technology (IT) were the top three sectors that closed in the positive this week, according to UCB Stock Brokerage's daily market update.

However, ceramics, non-bank financial institutions (NBFIs), and food & allied sectors were the top three that closed in the negative.

According to BRAC EPL Stock Brokerage, large-cap sectors showed mixed performance yesterday. The telecommunications sector posted the highest gain of 0.52 percent, followed by the engineering sector (0.07 percent) and the pharmaceuticals sector (0.06 percent).

However, NBFIs recorded a loss of 0.21 percent, followed by the banking sector (-0.23 percent), fuel & power (-0.30 percent), and food & allied (-0.49 percent).

Grameenphone Limited emerged as the most-traded share, with a turnover of Tk 16.4 crore.

At the Chittagong Stock Exchange, the CSE All Share Price Index (CASPI), the prime bourse of the port city, saw a similar rising trend as the index grew by 15.54 points, or 0.11 percent, to 14,497.  

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