DHAKA, Oct 09, 2024 (BSS) - Stocks today rebounded, snapping a three-day losing streak, as sale pressure reduced to some extent following the news of the regulator's meetings with market stakeholders and group of companies.

In the last few days, the Bangladesh Securities and Exchange Commission (BSEC) held several meetings with stakeholders to find out what can be done to develop the country's capital market.

The securities regulator also met three major groups-Meghna, City and PHP and urged them to enlist their several companies on the stock exchanges.
BSEC will also meet other major groups of the country to motivate reputable companies to enlist on the capital market.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 98.84 points or 1.86 per cent to settle at 5,422.06. Two other indices also finished higher. The DSE 30 Index, comprising blue chips, rose 45.78 points to close at 1,984.99 and the DSE Shariah Index (DSES) advanced 18.13 points to settle at 1,205.87.

AGNISYSL dominated the turnover chart, closely followed by LOVELLO, MIDLANDBNK, GP and ISLAMIBANK.

Turnover, the crucial indicator of the market, increased to Tk 3,766.09 million, which was Tk 3,553.75 million at the previous session of the week.

 ICB was the day's top gainer, rising 10 per cent, while NEWLINE was the worst loser, shedding 9.88 per cent.

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index - CASPI -gaining 173.61 points to settle at 15,135.35 and the Selective Categories Index - CSCX, advancing 106.27 points to close at 9,192.39.

Of the issues traded, 53 declined, 125 advanced and 26 remained unchanged on the CSE.

The port city's bourse traded 17.63 lakh shares and mutual fund units with a turnover value of Tk 8.32 crore.