The Dhaka Stock Exchange (DSE) rebounded on the final trading session of the week, closing higher after two consecutive days of losses. The benchmark DSEX gained 33.8 points, or about 0.6 percent, to close at 5,804, recovering from the previous session's close of 5,770. This positive movement was driven by renewed investor confidence following the Prime Minister's recent remarks on capital market development and expectations of revisions to margin loan guidelines.
Strong Trading and Increased Turnover
Trading began on a strong note, although early profit-taking briefly slowed the market's momentum. Persistent buying interest later absorbed the selling pressure, leading to broad-based gains across listed securities. Turnover also improved significantly, rising 23.6 percent to Taka 14.3 billion, compared with Taka 11.6 billion in the previous session.
Sector Performance
Among sectors, Textile dominated trading with 15.9 percent of total turnover, followed by General Insurance at 15.8 percent and Pharmaceuticals at 8.7 percent. Sector-wise, Jute posted the highest gain with a 5.5 percent rise, followed by Paper (4.5 percent) and General Insurance (3.1 percent). In contrast, only Mutual Funds (-0.7 percent) and Telecommunications (-0.3 percent) ended the day in negative territory.
Market Breadth and CSE Performance
Market breadth remained positive, with 212 issues advancing, 113 declining, and 71 remaining unchanged out of 396 traded securities. The Chittagong Stock Exchange (CSE) also finished higher, with the CSCX gaining 11.7 points and the CASPI rising 29.6 points.
Significance and Future Outlook
The rebound in the stock market is a positive sign for investor sentiment in Bangladesh. The Prime Minister's remarks on capital market development and the expected revisions to margin loan guidelines have likely contributed to this renewed confidence. As the market continues to stabilize, investors may see continued growth and stability in the coming weeks.
