Business

Dhaka stocks rebound

The Dhaka Stock Exchange (DSE) closed trading higher yesterday, rebounding from the previous day's losses, while turnover—the combined value of shares bought and sold—also rose.

According to DSE data, the bourse's benchmark DSEX gained 21.87 points, or 0.38 percent, to finish at 5,636.15.

The other indices had mixed performances, as the Shariah-based DSES decreased 0.04 percent to 1,229.44, while the blue-chip DS30 increased 0.24 percent to 2,188.10.

Turnover stood at Tk 1,441.90 crore, up from Tk 1,338.53 crore in the previous session.

Block trades—a high-volume transaction involving a large number of securities—accounted for a notable share, with transactions recorded across several scrips and overall trade amounting to Tk 31.17 crore.

A-category stocks saw more winners than losers, while the B-category performed similarly

Market breadth was positive, with 248 issues advancing against 127 decliners, while 25 remained unchanged.

A-category stocks saw more winners than losers, while the B-category performed similarly.

By segment, mutual funds were overwhelmingly positive, with 35 issues advancing and none declining; corporate bonds saw just two issues advance; and the government bond market saw one issue advance and three decline.

On the day's performance table, GBB Power surged 10 percent to top the gainers' list, while Trust Islami Life Insurance declined 8 percent, making it the worst performer of the session.

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