After two consecutive weeks of decline, the Dhaka Stock Exchange (DSE) showed signs of recovery last week, with the benchmark DSEX index rising 166 points and average daily turnover increasing over 12 percent.

Analysis of DSE’s weekly report shows the index started the week at 4,702 points and ended at 4,869 points, marking a 3.54 percent increase over the week.

The upward trend was mirrored in both Shariah-based and blue-chip indices. The DSES index rose 41 points, up 4.23 percent, while the DS30 gained 26 points, a 1.43 percent increase. Mid- and small-cap companies also saw significant recovery, with the DSE SME index climbing 95 points, a 13 percent jump.

Market turnover increased alongside the indices. Although still below the 4-billion-taka daily average mark, trading rose 12.19 percent from 354 crore taka to 397 crore taka per day.

Most companies saw price gains during the week. Out of the listed firms, 347 witnessed price increases, 18 declined, and four remained unchanged.

Taufika Foods and Lovello Ice-cream PLC topped the weekly turnover list, with an average daily trading value of 12 crore taka, followed by Khan Brothers PP Woven Bag Industries Limited at 11 crore taka.

Anwar Galvanizing Ltd, Summit Alliance Port Limited, and Square Pharmaceuticals PLC recorded average daily turnovers of 10 crore taka each.

On the block market, Khan Brothers PP Woven Bag Industries Limited led sales with 21 crore taka, followed by Prime Bank PLC at 20 crore taka.

All top-traded stocks at DSE were Z-category companies, known for not distributing dividends. Khulna Printing & Packaging Limited led the list, with its shares rising over 51 percent during the week, from 8.50 taka to 12.90 taka, despite having suspended production and dividend payments since 2020.

Among dividend-paying companies, Simtex Industries PLC saw the steepest fall, with its shares dropping 16 percent over the week, from 32.90 taka to 27.50 taka.

Sector-wise, 13 out of 21 sectors posted gains while eight saw declines. The ceramic sector recorded the highest increase at 203 percent, whereas corporate bonds fell the most, down 64 percent.

Financial sector shares were largely bullish. Non-bank financial institutions rose 47 percent, banks gained 30 percent, general insurance 13 percent, and life insurance 3 percent.

Chittagong Stock Exchange (CSE) also mirrored DSE’s recovery, with the CASPI index climbing 241 points.

Weekly turnover stood at 46 crore taka, led by A-category dividend-paying companies with a 73 percent surge. B-category mid-tier firms saw a 16 percent increase, and Z-category non-dividend stocks rose 10 percent.

At CSE, 196 companies ended the week with price gains, 68 fell, and 11 remained unchanged.

Z-category companies dominated the top positions, with Khulna Printing & Packaging Limited leading, posting a 55 percent weekly gain.

Simtex Industries PLC was at the bottom, losing more than 18 percent in a week. Orion Infusion Limited recorded the highest weekly turnover at 14 crore taka.