Dhaka bourse on Tuesday broke the losing streak after four sessions riding on the regulatory measure taken to restrict the downtrend of index along with providing liquidity support.
On the day, the DSEX, broad index of Dhaka Stock Exchange (DSE), closed marginally higher after losing 297.27 points in previous four consecutive sessions.
On Tuesday, the Bangladesh Securities and Exchange Commission (BSEC) instructed Investment Corporation of Bangladesh (ICB) to receive Tk 1.0 billion from market stabilisation fund for making investment in the market.
Besides, the securities regulator reduced the lower limit of bourses' circuit breaker to 2.0 per cent from existing 10 per cent.
Dhaka bourse opened the day's session positively and the DSEX advanced marginally for a while.
After 13 minutes of the session, the DSEX exhibited a straight fall and lost 138.06 points within 39 minutes.
Later, a recovery stance was observed and the broad index started to overcome loss and after the midsession the DSEX was able to defeat the day's initial loss.
Finally, the core index closed the session with a marginal rise of 0.27 per cent or 17.77 points to close at 6474.28.
Shariah based index DSES advanced 0.33 per cent or 4.67 points to close at 1399.07.
DS30 index comprising blue chip securities declined 0.01 per cent or 0.31 point to close at 2374.07.
"Dhaka stocks returned to the green territory, as investors favoured to take a position in low-priced selective issues which helped the equity indices close higher," said EBL Securities.
Of 378 issues traded on Tuesday, 217 advanced, 116 declined and 45 were unchanged on the premier bourse.
Dhaka bourse on Tuesday posted a turnover of Tk 7.45 billion which was 0.78 per cent higher than the turnover of the previous session.
Of total turnover, Tk 205 million came from transactions executed in block board.
"Investors got back their confidence based on the decision taken by the BSEC to reduce the lower limit of circuit breaker to 2.0 per cent," said the International Leasing Securities.
Of major sectors which saw price appreciation, engineering advanced 0.4 per cent, fuel & power 0.6 per cent, textile 1.2 per cent, life insurance 0.5 per cent and cement 2.5 per cent.
Of the sectors which lost prices, bank declined 0.2 per cent, financial institutions 0.1 per cent, general insurance 0.7 per cent, miscellaneous 0.5 per cent, pharmaceuticals & chemicals 0.2 per cent, and food & allied 0.9 per cent.
Investors' participation was concentrated mostly on pharmaceuticals & chemicals sector which grabbed 16.5 per cent of the market turnover followed by miscellaneous 12.6 per cent, textile 12.5 per cent, engineering 9.1 per cent, bank 8.8 per cent and food & allied 7.2 per cent.
Beximco topped the scrip wise turnover chart with a value of Tk 596 million followed by Bangladesh Shipping Corporation Tk 222 million, Beacon Pharmaceuticals Tk 213 million, Square Pharmaceuticals Tk 206 million and British American Tobacco Bangladesh Tk 186 million.
CASPI, benchmark index of Chittagong Stock Exchange (CSE), advanced 0.15 per cent or 28.91 points to close at 19018.02.
Of 274 issues traded, 137 advanced, 116 declined and 21 were unchanged and the port-city bourse posted a turnover of Tk 220.29 million on Tuesday.
