Stocks rebound after a brief correction 

 
Stocks rebounded on Tuesday after a brief correction, driven by growing optimism over favorable fiscal measures expected in the upcoming national budget.

The benchmark DSEX index of the Dhaka Stock Exchange (DSE) rose by 36.5 points to close at 5,519 points, compared with 5,483 points in the previous trading session.

Market analysts said investors remained optimistic about potential budgetary incentives aimed at stimulating private-sector growth, which helped strengthen confidence and sustain buying interest in fundamentally attractive stocks, according to BSS report. 

The market maintained positive momentum throughout the session, supported by broad-based gains across most sectors. Continued accumulation of insurance shares reflected investors' preference for momentum-driven stocks and expectations of short-term returns.

Investor sentiment also remained resilient despite the recent withdrawal of floor price restrictions on the remaining two heavyweight stocks, helping the market sustain its upward trend.

Turnover on the DSE increased significantly by 29.4 percent to Tk 13.9 billion, up from Tk 10.7 billion in the previous session.

Among sectors, general insurance stocks dominated turnover with 24.4 percent of total transactions, followed by engineering (11.8 percent) and pharmaceuticals (9.4 percent).

Out of 396 traded issues, 241 gained, 94 lost ground and 61 remained unchanged.

Meanwhile, the Chittagong Stock Exchange also ended the day in positive territory. The Selective Categories Index (CSCX) edged up by 0.8 point, while the All Share Price Index (CASPI) gained 3.0 points.