Stocks see modest recovery last week

BSS
Published On: 14 Feb 2025, 19:00

DHAKA, Feb 14, 2025 (BSS) - Stocks saw a modest recovery last week as 
investor confidence strengthened in sector-specific scrips, supported by the 
easing of adversities on the macroeconomic front, along with the central 
bank's decision to keep policy rates unchanged, offering a cautious sense of 
optimism over the market momentum. 

However, cautious investors continued short-term profit booking and preferred 
to observe the market momentum following the capital market taskforce's 
proposal for amendments to margin loan regulations. 

DSEX, the broad index of the Dhaka Stock Exchange (DSE), gained 22.3 points, 
or 0.4 percent, to settle at a three-week high of 5,201 points. 

Investors participation in the market marginally decreased by 1.2 percent to 
Taka 4,214 million as against Taka 4,266 million in the previous week. 

Investors were mostly active in Textile sector (15.9pc), followed by Pharma 
sector (12.3pc) and Bank sector (11.9pc). Most of the sectors ended in green 
with Ceramic sector (6.7pc) being the highest gainer, while Financial 
Institution sector (-1.5pc) being the most loser.
 
Chittagong Stock Exchange (CSE) also closed the week up with its major CASPI 
index ending 17.23 points higher at 14529.47.

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