Market shows signs of recovery as stocks inch upward
After experiencing a significant drop earlier this week, the Dhaka-Chattogram stocks displayed signs of recovery on Thursday (8 June), steadily inching up.
The DSEX, the broad-based index of the Dhaka Stock Exchange (DSE), witnessed a 0.18% increase, reaching 6,350 points at 12:25pm today.
During the trading session, the turnover in the premier bourse amounted to Tk623 crore, reflecting a slight decrease from the previous day's turnover of Tk783 crore.
Among the listed companies, 89 scrips experienced a positive trend, while 89 others recorded a decline.
Notably, the demand for life insurance stocks remained high, contributing to the overall market performance.
Meanwhile, at the Chittagong Stock Exchange (CSE), the major index CSCX witnessed a significant surge of 0.26%, reaching 11,217 points.
This positive movement in the market brings a glimmer of hope to investors and suggests a gradual recovery from the recent slump.