Bangladesh’s stock markets staged a strong comeback on Wednesday, snapping a three-day losing streak, as key indices surged and most listed companies posted gains.
At the Dhaka Stock Exchange (DSE), the benchmark DSEX index jumped 94 points at the close of trading. The Shariah-based DSES index rose 12 points, while the blue-chip DS30 index advanced by 41 points.
Market breadth remained overwhelmingly positive, with share prices of 327 companies rising against 39 decliners, while 25 issues remained unchanged.
Turnover at the DSE also increased, with shares and units worth Tk 719 crore traded during the day, up from Tk 685 crore in the previous session.
In the block market, shares of 40 companies worth around Tk 30 crore were traded, with Orion Infusion PLC recording the highest single transaction of over Tk 5 crore.
Among individual performers, Silva Pharmaceuticals Limited topped the gainers’ chart with a 10 percent rise, while Fareast Finance and Investment Limited ended at the bottom, shedding 10 percent.
The Chittagong Stock Exchange (CSE) also witnessed a significant rise, with its benchmark CASPI index climbing 200 points.
Most issues at the CSE closed higher, as 133 companies gained, 43 declined, and 24 remained unchanged.
However, turnover at the CSE slightly decreased to Tk 42 crore, compared to Tk 45 crore in the previous session.
Union Insurance Company Limited emerged as the top gainer at the CSE with a 10 percent increase, while Prime Finance and Investment Limited was the worst performer, losing 10 percent.