Stocks rebound on both bourses

BSS
Published On: 08 May 2025, 20:59

DHAKA, May 8, 2025 (BSS) - After witnessing a downward trend in the two
sessions, stocks today rebounded in the Dhaka and Chittagong stock exchanges
as investors remained active on sector-wise issues.
 
DSEX, the broad index of the Dhaka Stock Exchange (DSE), advanced by 99.9
points to settle at 4,902 points, as against 4,802 points in the previous
trading session.
 
Market analysts observed that the indices trended upward throughout the
session, as the swift market rebound from the previous day's free fall led
most stocks to close in positive territory.
 
However, trading activities remained stagnant with wary investors taking an
watchful stance ahead of the chief adviser's meeting with the capital market
stakeholders, as evident from total turnover in DSE decreasing by 29.1
percent to Taka 3.7 billion as against Taka 5.2 billion in the previous
session.
 
On the sectoral front, Bank (23.8%) issues exerted the highest turnover,
followed by Food (13.0%) and Mutual Fund (12.0%) sectors. All the sectors
showed positive returns, out of which Mutual Fund (6.1%), Paper (4.5%) and
Ceramic (4.4%) exhibited the most gains on the bourse today.
 
Out of the 397 issues traded, 375 advanced, 10 declined and 12 remained
unchanged.
 
The port city bourse, CSE, also settled on positive zone. The Selective
Categories' Index (CSCX) and All Share Price Index (CASPI) rose by 61.0
points and 113.7 points, respectively.
 

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