HomeCommerce"Dhaka Stock Exchange Surges on Large-Cap Boost"

“Dhaka Stock Exchange Surges on Large-Cap Boost”

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Stocks in Dhaka saw a second consecutive rise today, driven by increases in large-cap shares on the final trading day of the week. The DSEX, the main index of the Dhaka Stock Exchange (DSE), climbed 29.82 points, or 0.58 percent, to finish at 5,122.22. The positive momentum extended to other indices, with the Shariah-based DSES and the blue-chip DS30 also registering gains.

In its daily market report, BRAC EPL Stock Brokerage Ltd noted that the market ended on a positive note as all major sectors, particularly large-cap sectors, showed strong performance. Despite this, investor activity, measured by turnover, decreased by 5 percent to Tk 476 crore, indicating a cautious investor sentiment amid the market uptrend.

Among the key sectors, non-bank financial institutions recorded the highest increase of 1.73 percent for the day, followed by telecoms. Additional sectors that saw gains included fuel and power, engineering, banking, food and allied, and pharmaceuticals. Block trades, which involve high-volume transactions, contributed 2.5 percent to the total market turnover.

Market breadth remained favorable, with 241 stocks advancing, 81 declining, and 72 remaining unchanged. Orion Infusion emerged as the most actively traded stock, with a turnover of Tk 32 crore, as reported by BRAC EPL. Tamijuddin Textile Mills led the gainers with a surge of 13.71 percent, while Orion Infusion experienced a decline of 4.48 percent, ranking as the worst performer of the session.

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