DHAKA, Feb 28, 2025 (BSS) - Stocks has ended the week in positive territory
as investors showed buying interest in particular large-cap scrips,
especially the Bank stocks, as anticipation builds ahead of their year-end
earnings and dividend declarations.
The market experienced positive momentum right from the start of this week,
with renewed buying interest also observed in certain beaten down scrips as
investors perceived them as lucrative after significant price reductions.
However, profit taking pressure emerged later in the week as investors opted
to capitalize on the invigorated market activity and preferred to remain
observant of the market's momentum ahead of the Ramadan season.
DSEX, the broad index the Dhaka Stock Exchange (DSE), gained 46.9 points, or
0.9%, to settle at 5,247 points.
Investors participation in the market continued to increase by 10.1% to Taka
5,181 million as against Taka 4,703 million in the previous week.
Investors were mostly active in Textile sector (15.0%), followed by Pharma
sector (12.2%) and Bank sector (11.8%). Most of the sectors ended in green
with Paper sector (13.2%) being the highest gainer, while Life Insurance
sector (-0.7%) being the biggest loser.
Chittagong Stock Exchange (CSE) also closed the week up with its major CASPI
index ending 135.40 points higher at 14,633.