Dhaka Stock Exchange (DSE) bounced back on Wednesday as turnover surpassed the Tk 1,000 crore threshold for the first time in more than two months, with prices rising for most listed companies.
Total turnover on the DSE reached Tk 1,056 crore during the day's session. The last time trading crossed that level was on February 17, when Tk 1,222 crore changed hands, signalling a prolonged dry spell that investors hope is now behind them.
Advancers dominated the market, with 213 companies posting gains against 121 declines, while 57 remained unchanged.
Dhaka stocks rebound in early trade after two-day losing streak
All three key indices finished in the green. The benchmark DSEX rose 41 points, the Shariah-based DSES gained 3 points, and the blue-chip DS30 index climbed 20 points.
In the block market, shares worth Tk 22 crore traded across 39 companies. Dominage Steel Building Systems Ltd led block transactions with Tk 7 crore in sales.
Desh Garments Ltd topped the gainers' board with a rise of nearly 10 percent, while Shepherd Industries PLC slid nearly 8 percent to finish at the bottom.
The rally extended to the port city, where the Chittagong Stock Exchange (CSE) also closed higher.
The CASPI index advanced 60 points, with 110 companies gaining ground against 91 decliners and 29 unchanged.
Turnover at the CSE stood at over Tk 17 crore, compared to Tk 33 crore the previous session.
Midas Financing PLC led the gainers with a 10 percent rise, while Navana CNG Ltd shed 10 percent to close at the bottom.