Stocks extend gaining streak

BSS
Published On: 06 Feb 2025, 19:15 Updated On:06 Feb 2025, 19:44

 
DHAKA, Feb 6, 2025 (BSS) - Country's both the bourses -- Dhaka Stock Exchange 
(DSE) and Chittagong Stock Exchange (CSE)-- today witnessed an upward trend 
like earlier as optimistic investors put fresh funds into lucrative shares.
 
DSEX, the broad index of the Dhaka Stock Exchange, advanced by 9.1 points to 
settle at 5,179 points as against 5,170 points in the previous trading 
session. 
 
Market analysts observed that the market witnessed a range-bound trading 
activity today with buyers being on the slightly dominant side in chasing 
sector-specific scrips in anticipation of short-term gains, while cautious 
investors opted for profit booking in certain scrips and preferred to observe 
the market's trend. 
 
Meanwhile, market turnover slightly decreased by 8.8% to Taka 4.3 billion as 
against Taka 4.7 billion in the previous session. 
 
On the sectoral front, Textile (17.7%) issues exerted the highest turnover, 
followed by Pharma (13.8%) and Bank (9.9%) sectors. Sectors displayed mixed 
returns, out of which Services (3.6%), Financial Institutions (2.2%) and 
Textile (1.5%) exhibited the most gains on the bourse today, while Paper (-
2.0%), Ceramic (-1.0%) and Food (-0.7%) exerted the most corrections. 
 
Out of the 397 issues traded, 194 advanced, 146 declined and 57 remained 
unchanged.
 
The port city bourse, CSE, also settled on green terrain. The Selective 
Categories Index (CSCX) and All Share Price Index (CASPI) rose by 42:3 and 
70.1 points, respectively.
 
 

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