Stocks rebounded amid choppy trading yesterday, after profit booing fall in previous session.
The market opened in red but started to rise on modest buying mainly on pharmaceuticals and power stocks recovered some points in the end.
After slight drop in the morning, the benchmark DSEX rose 24 points to close at 5,074.
The Shariah index DSES, however, marginally down 2 points or 0.2% to 1,195. The comprising blue chips DS30 closed at 1,960, gaining nearly 3 points or 0.2%.
Chittagong Stock Exchange (CSE) Selective Categories Index, CSCX, slipped 12 points to 9,464.
Trading activities somewhat slowed down, as total turnover at DSE dipped below Tk900 crore after heavy trading in the last nine sessions. It stood at Tk880 crore, down 2.5% lower over the previous session.
Bank and non-banking financial institution moved up by 1.5% and 2.1% respectively, while IT rising 4.5% and, food and allied 3.6%.
Telecommunication and pharmaceuticals closed in red losing 2.7% and 0.8% respectively on profit taking. All the other large cap sectors yielded positive returns.
United Airways continued to bleed as it added 2.8 points to the previous session's fall of almost 7% as the Bangladesh Securities and Exchange Commission has formed a probe panel to investigate the company's recent share trading pattern in line with its flight suspension to resumption on Monday.
Saif Powertec, in its second trading day, shed 9.7% after rising 138% in the first trading day.
Breadth of the market was positive as out of 300 issues traded, 137 advanced, 123 declined and 40 remained unchanged.
Lanka Bangla Securities said market passed a shining day as investors showed their appetite once again for high yielding stocks. Investors have shown their buying interest evading the selling pressure on stocks, it said.
BRAC-EPL said after witnessing correction in the previous session, the market went through an uptrend amid fluctuations throughout the session.
Grameenphone Ltd topped the liquidity chart with total turnover value of Tk75 crore, followed by Titas Gas, Mobil Jamuna Limited Bangladesh, Olympic Industries, Golden Son, Beximco Ltd and Square Pharmaceuticals.