DSE Stocks Make a Strong Rebound
The benchmark DSEX index of the Dhaka Stock Exchange (DSE) rebounded today as investors remained active on sector-wise issues. The benchmark index, DSEX, edged up by 2.46 points to close at 4,942.06. Similarly, the DS30 index, which tracks blue-chip stocks, saw a gain of 1.55 points, ending the session at 1,897.75. However, the DSE Shariah Index (DSES) faced a minor decline of 0.98 points, settling at 997.91. A total of 393 companies participated in the day's trading, with 12,08,24,891 shares and mutual fund units changing hands. The total turnover for the day stood at Taka 352,49,79,069. The overall market breadth remained slightly negative, as more stocks declined than advanced.
Out of the issues traded, 140 companies saw their prices increase, while 175 companies closed lower. The share prices of 78 companies remained unchanged. In terms of monetary value, the top 10 turnover leaders were spearheaded by Orion Infusion, City Bank, Dominage Steel, Square Pharma, and Fine Foods. Other major contributors to the turnover included Crystal Ins, Chartered Life Ins, Khan Brothers PP, Taufika Food, and Saiham Cotton. The list of top gainers was led by Chartered Life Ins, Crystal Ins, and Mozaffar Hossain Spinning. These were followed by Central Ins, Pubali Bank, Green Delta Mutual Fund, and Islami Bank.
The top losers of the day were primarily from the financial sector, including Premier Leasing, Prime Finance, Fareast Finance, and International Leasing. Other notable decliners included ICB AMCL Second Mutual Fund, FAS Finance, and Apollo Ispat. The port city bourse, CSE, also settled on a negative zone. The Selective Categories' Index (CSCX) and All Share Price Index (CASPI) decreased by 10.26 points and 20.38 points, respectively.