DSE, CSE stocks rebound on both bourses

After witnessing a downward trend in the two sessions, stocks on Wednesday rebounded in the Dhaka and Chittagong stock exchanges as investors remained active on sector-wise issues.

After witnessing volatility, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 37.68 points or 0.66 percent to settle at 5,776.08, reports BSS.

Two other indices also ended higher with the DSE 30 Index, comprising blue chips, rose 12.41 points to finish at 2,014.14 and the DSE Shariah Index (DSES) advanced 11.83 points to close at 1,257.16.

Out of 395 issues traded, 279 advanced, 64 declined and 52 issues remained unchanged on the DSE trading floor.

Daily trade turnover increased to Tk 4,339.65 million on the country's premier bourse, which was Tk 3,676.60 million in the previous session of the week.

Malek Spinning dominated the turnover chart, closely followed by AIL, SP Ceramics, LOVELLO and ASIATICLAB.

METROSPIN was the day's top gainer, rising 9.60 percent, while Paramount was the worst loser, shedding 5.49 percent.

The Chittagong Stock Exchange (CSE) also rebounded with the CSE All Share Price Index - CASPI -gaining 92.82 points to settle at 16,530.06 and the Selective Categories Index - CSCX rising 56.98 points to close at 9,940.65.

Of the issues traded, 44 declined, 112 advanced and 27 issues remained unchanged on the CSE.

The port city's bourse traded 29.96 lakh shares and mutual fund units with turnover value of Tk 9.59 crore.