In a notable development, the stock market demonstrated resilience and positive momentum today, recording a gain of 0.86% during early trading. The DSEX, the principal index of the Dhaka Stock Exchange, advanced by 44.92 points, reaching 5,209.76 as of 11:04 AM.
The trading session saw a total of 291 listed securities rise, while 66 faced declines and 33 remained unchanged. The overall turnover reached a commendable Tk 205.13 crore, indicating a healthy level of trading activity.
Among the key performers, the Bangladesh Shipping Corporation led the upward trend, experiencing a significant increase of 15.95% to reach Tk 78.5. In contrast, the Northern Jute Manufacturing Co. Ltd. encountered the largest decline, with its share price decreasing by 8.20% to Tk 119.80.
This favorable market performance is largely attributed to the recent announcement by the Bangladesh Securities and Exchange Commission (BSEC), which expressed its intention to seek supportive policies from the government. Such regulatory initiatives have instilled a renewed sense of confidence among investors, contributing to the current market optimism.
Market analysts suggest that this positive trajectory may continue, as stakeholders remain attentive to potential policy developments that could further enhance market stability and growth.
In conclusion, today’s trading reflects a stock market buoyed by regulatory reassurances, suggesting promising prospects for investors in the near future.
1 thought on “Stock Market Reflects Positive Momentum: Gains Continue for Third Consecutive Day”
Damn! We are waiting for more developments