The stock market returned to black today after falling for two days for profit booking tendency of the investors.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 38.95 points, or 0.71 per cent, to close at 5,461.34.
Turnover, an important indicator of the stock market, surged 14 per cent to Tk 940 crore.
The confidence level of investors has risen so they are investing funds here again, said market analysts.
The low bank interest rate on deposit is one of the reasons for investors’ higher participation.
At the DSE, 170 stocks rose, 109 declined and 71 remained unchanged.
Associated Oxygen Ltd topped the gainers’ list that rose 9.93 per cent followed by City General Insurance, Shinepukur Ceramics, Mercantile Insurance and Global Insurance.
Stocks of Beximco Ltd traded the most with shares Tk 89 crore worth changing hands followed by LafargeHolcim Bangladesh, British American Tobacco, Beximco Pharmaceuticals and LankaBangla Finance.