Dhaka Stock Exchange bounces back after two-day slump with selective gains
The Dhaka Stock Exchange (DSE) saw a rebound on Tuesday after two days of losses. Investors engaged in selective bargain hunting, lifting the benchmark index into positive territory by the close. The recovery followed a brief dip into negative figures earlier in the session. The DSEX, the exchange’s broad index, rose by 36.2 points to finish at 4,951. Out of 397 traded issues, 283 advanced, 54 declined, and 60 remained unchanged. The rebound was driven by targeted buying in specific sectors. The rebound marks a shift after two consecutive losing sessions. While most sectors gained, market turnover declined, indicating tighter liquidity. The textile sector’s strong performance stood out as the day’s top gainer.
