Dhaka, Bangladesh (BBN)– Bangladesh’s stocks rebounded strongly on Wednesday, after a single-day break, amid growing investors’ confidence following the securities regulator’s hard stance on the mandatory shareholding issue.
Following the previous session’s mild correction, the market the bourses opened on a positive note and the upward trend sustained until the end of the session.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 100.32 points or 2.21 per cent to close at 4,633, after shedding 12 points in the previous session.
Two other indices also ended higher. The DS30 index, comprising blue chips, advanced 37.32 points to finish at 1,581 and the DSE Shariah Index rose 24.42 points to close at 1,088.
On the other hand, the Chittagong Stock Exchange ended higher with its All Shares Price Index (CASPI)—soaring 275 points to close at 13,165 and the Selective Categories Index – CSCX –rising 161 points to finish at 7,961.
Of the issues traded, 164 gained, 90 declined and 30 remained unchanged on the CSE.