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Dhaka stocks have staged a strong rebound, regaining Tk 36.6 billion in market capitalisation in a single day after eight sessions of decline, with bank shares driving the rally.
The benchmark index of the Dhaka Stock Exchange (DSE) rose 51 points to close at 5,401 on Sunday, bdnews24.com reports.
The previous session had ended at 5,350 points, capping a two-month downturn that began after steady gains through late June and July. Despite briefly touching 5,550 points on Aug 3, the index slipped in seven of the next nine sessions, erasing Tk 56.6 billion in market value.
Sunday’s rebound pushed total market capitalisation to Tk 7.15 trillion, compared with Tk 7.17 trillion recorded on Aug 3. Investors’ buying pressure sustained throughout the day, lifting the index across most sectors.
Turnover surged to Tk 80.2 billion, up from Tk 70.3 billion in the previous session, including Tk 1.63 billion traded in the block market. Of 398 traded companies, 205 advanced, 135 declined, and 58 remained unchanged.
The banking sector returned to dominance after a week’s pause, with turnover hitting Tk 14.1 billion -- its highest in recent months and well above the usual Tk 5–6 billion range. Banking shares had regularly crossed Tk 10 billion during July’s rally but Sunday’s surge was the strongest yet.
Pharmaceuticals and chemicals followed with Tk 12.9 billion in trades, while textiles ranked third with Tk 8.8 billion.
Top gainers at the closing were Desh Garments, Hwa Well Textiles and GQ Ball Pen, while Fareast Finance, IFIC First Mutual Fund and Legacy Footwear suffered the steepest losses.