Dhaka stocks ended slightly higher as the DSEX rose 2.90 points to 5,119.41, snapping a two-day slide. Turnover fell to Tk 444 crore amid weak investor sentiment. Engineering led sectoral gains, while telecoms lagged. Summit Alliance Port was the top traded stock, and Peoples Leasing was the top gainer.
DSEX edges up, snapping two-day slide
Turnover dips as investor sentiment weakens
Engineering sector leads gains; telecoms lag behind
The benchmark index of Dhaka stocks closed slightly higher today, breaking a two-day losing streak, as selective gains in large-cap sectors supported the market. However, turnover declined amid subdued investor sentiment.
According to DSE data, the DSEX, the main index of the bourse, rose by 2.90 points, or 0.05 percent, to finish at 5,119.41.
Other indices showed mixed outcomes, with the Shariah-based DSES slipping and the blue-chip DS30 edging up.
In its daily market commentary, BRAC EPL Stock Brokerage Ltd noted that the market ended in positive territory as large-cap sectors exhibited a mixed trend.
Turnover, a major indicator of investor activity, fell to Tk 444 crore, compared to Tk 487 crore in the previous session, reflecting lower participation amid the ongoing market weakness.
Block trades — large-volume transactions involving substantial numbers of shares — accounted for 2.5 percent of the day’s total turnover.
Market breadth was mixed, with 154 gainers, 179 losers, and 65 issues remaining unchanged.
Among key sectors, engineering registered the highest gain, advancing 0.60 percent, followed by food & allied up 0.15 percent and banks up 0.11 percent.
On the other hand, pharmaceuticals slipped 0.11 percent, fuel & power dropped 0.42 percent, non-bank financial institutions fell 0.47 percent, and telecommunications declined 1.06 percent.
Summit Alliance Port topped the turnover chart with Tk 19.1 crore in trades, BRAC EPL reported.
In terms of individual performance, Peoples Leasing and Financial Services soared 10 percent, emerging as the top gainer, while Bangladesh Industrial Finance Company plunged 10 percent, becoming the day’s worst performer.