DSE rebounds after 3days of losses

Business Report :

Dhaka stocks rebounded today, snapping a three-day losing streak, as gains in engineering and pharmaceutical sectors helped lift the market alongside stronger investor activity.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), climbed 8.26 points, or 0.16 percent, to close at 5,092.39, according to DSE data. Other key indices also rose, with the Shariah-based DSES and the blue-chip DS30 edging higher, reflecting broad-based market recovery.

“The market closed in the green, with large-cap sectors posting a mixed performance,” said BRAC EPL Stock Brokerage Ltd in its daily market update.

Improved turnover signals positive sentiment
Turnover, a key indicator of investor activity, rose 11 percent to Tk 503 crore, signaling renewed confidence among traders and investors after recent volatility. Block trades, involving high-volume transactions, accounted for 4.8 percent of total market turnover.

Among sectors, engineering shares led the gainers, posting a 0.83 percent rise, followed by pharmaceuticals, fuel and power, and food and allied industries.
In contrast, banking shares fell 0.24 percent, while telecommunications and non-bank financial institutions saw marginal declines.

Stock performance highlights
Market breadth was mixed, with 175 stocks advancing, 153 declining, and 66 remaining unchanged. Orion Infusion was the most traded stock, recording a turnover of Tk 19.2 crore. First Finance topped the gainers’ list with a 10 percent jump, while Stylecraft suffered the largest loss, dropping 13.82 percent in the session.

Analysts said the market’s recovery reflects selective buying in strong-performing sectors and improved liquidity, though caution remains due to ongoing volatility in certain large-cap stocks.