Business

Stocks rally for third day

The indices of the stock market in Bangladesh rose for the third consecutive trading day yesterday, with turnover also increasing compared to the previous session.

The DSEX, the key index of the Dhaka Stock Exchange (DSE), gained 10.57 points, or 0.20 percent, before closing at 5,234 yesterday.

The other two indices of the country's premier bourse also witnessed a similar rising trend, with the DSES index for Shariah-based firms gaining 0.25 percent to reach 1,169 points, and the DS30 index for blue-chip stocks going up by 0.28 percent to 1,926.

Among the traded securities, 173 saw an increase in prices, 153 closed lower, and the remaining scripts showed no price movement.

The day's turnover increased by 11.63 percent to Tk 544 crore compared to the previous trading session. The textile sector dominated the market activities, accounting for 20.13 percent of the total turnover.

In the individual company category, Kattali Textile topped the gainers' list, rising by 9 percent, while Khulna Printing & Packaging saw the largest drop, falling by 5 percent.

Orion Infusion Limited emerged as the most-traded share, with a turnover of Tk 16.7 crore.

The non-bank financial institutions (NBFIs), paper and printing, and textile sectors were the top three sectors that closed in positive territory, according to UCB Stock Brokerage's daily market update.

Life insurance, mutual funds, and telecom were the top three sectors that closed in the negative.

According to the day's market update, BRAC EPL Stock Brokerage noted that large-cap sectors posted mixed performances yesterday.

The NBFI sector booked the highest gain of 1.61 percent, followed by the pharmaceuticals sector (0.13 percent), engineering sector (0.04 percent), and the banking sector (0.04 percent).

However, the food and allied sector reported a loss of 0.09 percent, while the fuel and power sector saw a loss of 0.16 percent, and the telecommunication sector posted a loss of 0.29 percent.

At the Chittagong Stock Exchange, the CSE All-Share Price Index (CASPI) saw a similar rising trend, with the index rising by 56.62 points, or 0.39 percent, to settle the day at 14,570.

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Stocks rally for third day

The indices of the stock market in Bangladesh rose for the third consecutive trading day yesterday, with turnover also increasing compared to the previous session.

The DSEX, the key index of the Dhaka Stock Exchange (DSE), gained 10.57 points, or 0.20 percent, before closing at 5,234 yesterday.

The other two indices of the country's premier bourse also witnessed a similar rising trend, with the DSES index for Shariah-based firms gaining 0.25 percent to reach 1,169 points, and the DS30 index for blue-chip stocks going up by 0.28 percent to 1,926.

Among the traded securities, 173 saw an increase in prices, 153 closed lower, and the remaining scripts showed no price movement.

The day's turnover increased by 11.63 percent to Tk 544 crore compared to the previous trading session. The textile sector dominated the market activities, accounting for 20.13 percent of the total turnover.

In the individual company category, Kattali Textile topped the gainers' list, rising by 9 percent, while Khulna Printing & Packaging saw the largest drop, falling by 5 percent.

Orion Infusion Limited emerged as the most-traded share, with a turnover of Tk 16.7 crore.

The non-bank financial institutions (NBFIs), paper and printing, and textile sectors were the top three sectors that closed in positive territory, according to UCB Stock Brokerage's daily market update.

Life insurance, mutual funds, and telecom were the top three sectors that closed in the negative.

According to the day's market update, BRAC EPL Stock Brokerage noted that large-cap sectors posted mixed performances yesterday.

The NBFI sector booked the highest gain of 1.61 percent, followed by the pharmaceuticals sector (0.13 percent), engineering sector (0.04 percent), and the banking sector (0.04 percent).

However, the food and allied sector reported a loss of 0.09 percent, while the fuel and power sector saw a loss of 0.16 percent, and the telecommunication sector posted a loss of 0.29 percent.

At the Chittagong Stock Exchange, the CSE All-Share Price Index (CASPI) saw a similar rising trend, with the index rising by 56.62 points, or 0.39 percent, to settle the day at 14,570.

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