Business

Stocks rebound to close 2% higher

The DSEX gained 99.85 points, to close at 4,902.27

Dhaka stocks rebounded today from the previous session's massive fall triggered by rising tensions between India and Pakistan that led to heavy sell-offs in the premier bourse of Bangladesh.

The DSEX, the benchmark index of the Dhaka Stock Exchange, gained 2.07 percent, or 99.85 points, to close at 4,902.27.

The Shariah-based DSES index increased 2.50 percent to 1,074.27, while the DS30, comprising blue-chip stocks, went up 1.50 percent to 1,820.45.

However, turnover, a key indicator of market activity, fell to Tk 366.06 crore, which is 30 percent lower than the previous session. 

Of the 395 issues traded, 377 advanced, 10 declined, and 7 remained unchanged.

Khulna Printing & Packaging was the day's top gainer, rising 10 percent, while Meghna Condensed Milk Industries lost 5 percent to become the day's biggest loser.

Comments

Stocks rebound to close 2% higher

The DSEX gained 99.85 points, to close at 4,902.27

Dhaka stocks rebounded today from the previous session's massive fall triggered by rising tensions between India and Pakistan that led to heavy sell-offs in the premier bourse of Bangladesh.

The DSEX, the benchmark index of the Dhaka Stock Exchange, gained 2.07 percent, or 99.85 points, to close at 4,902.27.

The Shariah-based DSES index increased 2.50 percent to 1,074.27, while the DS30, comprising blue-chip stocks, went up 1.50 percent to 1,820.45.

However, turnover, a key indicator of market activity, fell to Tk 366.06 crore, which is 30 percent lower than the previous session. 

Of the 395 issues traded, 377 advanced, 10 declined, and 7 remained unchanged.

Khulna Printing & Packaging was the day's top gainer, rising 10 percent, while Meghna Condensed Milk Industries lost 5 percent to become the day's biggest loser.

Comments

আওয়ামী লীগ নিষিদ্ধের দাবিতে এনসিপির নেতৃত্বে যমুনার সামনে অবস্থান

আওয়ামী লীগ নিষিদ্ধের দাবিতে প্রধান উপদেষ্টার বাসভবন যমুনার সামনে অবস্থান নিয়েছেন জাতীয় নাগরিক পার্টি ও বিভিন্ন ছাত্র সংগঠনের নেতাকর্মীরা।

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