Stocks rebound on both bourses

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Business Report :

After witnessing a downward trend in the last session, stocks on Wednesday rebounded in the Dhaka and Chittagong stock exchanges as investors remained active on sector-wise issues.

After witnessing volatility, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 70.93 points or 1.25 per cent to settle at 5,756.71. Two other indices also ended higher with the DSE 30 Index, comprising blue chips, rose 30.46 points to finish at 2,117.92 and the DSE Shariah Index (DSES) advanced 17.27 points to close at 1,234.37.

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Out of 398 issues traded, 271 advanced, 79 declined and 48 issues remained unchanged on the DSE trading floor.
Daily trade turnover increased to Taka 8986.48 million on the country’s premier bourse, which was Taka 7502.40 million at the previous session of the week.

BRACBANK dominated the turnover chart, closely followed by MJLBD, OLYMPIC, GP and TRUSTBANK.