Dhaka stocks closed higher today, snapping the previous session's losses as gains in non-bank financial institutions (NBFIs), and fuel and power shares helped offset lingering weak investor sentiment.

The DSEX, the benchmark index of the bourse, gained 67.25 points or 1.33 percent to close at 5,111.59, according to Dhaka Stock Exchange data.

Other indices followed the positive performance of the main index, as the Shariah-based DSES fell and the blue-chip DS30 edged higher.

The market closed in the green as all large-cap sectors posted positive performance, BRAC EPL Stock Brokerage Ltd said in its daily market update.

Turnover, a key gauge of investor activity, hit Tk 394 crore today, down from Tk 442 crore in the previous session, reflecting lower participation despite market gains.

Block trades, high-volume transactions involving large numbers of securities, contributed 2.8 percent of the overall market turnover.

Market breadth was mostly positive, with 300 issues advancing against 53 declining, while 45 remained unchanged.

Among the major sectors, NBFIs booked the day's highest gain, rising 2.85 percent, followed by fuel and power (1.80 percent), engineering (1.48 percent), and banks (1.21 percent).

Other sectors with gains included pharmaceuticals (1.08 percent), food and allied (0.83 percent), and telecom (0.56 percent).

Dominage Steel Building Systems emerged as the most traded stock, posting a turnover of Tk 24.3 crore, said BRAC EPL.

 

On the performance table, First Finance surged 10 percent to top the gainers' list, while FAS Finance & Investment slumped 8 percent, making it the worst performer of the session.