Stocks rebound on both bourses

BSS
Published On: 24 Mar 2025, 19:05

DHAKA, March 24, 2025 (BSS) - After witnessing a downward trend in the four sessions, stocks today rebounded in the Dhaka and Chittagong stock exchanges riding on the government steps to help revamp the ailing market.

DSEX, the broad index of the Dhaka Stock Exchange, advanced by 13.5 points to settle at 5,197 points, as against 5,183 points in the previous trading session.

Although market indices witnessed a brief spike by the start of today’s session, market momentum soon moderated as investors maintained a cautious stance amid ongoing uncertainty over the market outlook.

However, buying interest on particular large-cap scrips contributed significantly to help the broad index to settle in green territory.

Meanwhile, market turnover increased by 19.7% to Taka 5.0 billion as against Taka 4.2 billion in the previous session.

On the sectoral front, Pharma (29.8%) issues exerted the highest turnover, followed by Engineering (9.2%) and Food (7.9%) sectors.

Sectors mostly displayed mixed returns, out of which Pharma (1.1%), Services (0.9%) and
Miscellaneous (0.4%) exhibited the most positive returns on the bourse today, while Ceramic (-1.5%), Tannery (-0.8%) and Cement (-0.6%) exerted the most corrections.

Out of the 397 issues traded, 169 advanced, 150 declined and 78 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 9.2 and 17.8 points, respectively.

 

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