The Dhaka Stock Exchange (DSE) saw a strong rise in trading on Sunday, with turnover reaching Tk1,200 crore, marking the highest level in a year and signalling growing investor confidence.
Trading momentum, which began late last week, continued as textile, pharmaceutical, and general insurance shares drew the most attention. Textiles contributed 16.4% of total turnover, pharmaceuticals 15%, and general insurers 8.8%.
Top traded companies included Malek Spinning, Beximco Pharma, Bangladesh Shipping Corporation, Beach Hatchery, and Alif Industries, all attracting heavy buying.
The benchmark DSEX index rose by 14.2 points to close at 5,389, ending a three-day decline. The blue-chip DS30 index added 12 points to finish at 2,101, while the Shariah-based DSES index slipped slightly to 1,179 points.
Out of 400 issues traded, 184 advanced, 190 declined, and 26 remained unchanged. Analysts said enthusiasm was uneven as banking stocks, which carry significant weight, continued to face selling pressure.
Sector-wise, paper, life insurance, and textiles led the gains with increases of 4.7%, 4.6%, and 3.6% respectively. Mutual funds, ceramics, and banks posted losses, dragging down sector performance.
Among the major gainers, Alif Industries jumped nearly 10%, while Information Service Network, Paramount Textile, and Crystal Insurance recorded similar gains. On the losing side, Social Islami Bank fell 9.83%, followed by Union Capital, Appollo Ispat, Bay Leasing, and Emerald Oil.
The Chittagong Stock Exchange (CSE) mirrored the positive trend, with its CSCX index up 33.5 points and the CASPI rising 32.6 points.