The bullish trend in the Dhaka stock market continues for the third consecutive day, with indices rising and trading volume surging.
In the first two hours of trading on Tuesday, the turnover at the Dhaka Stock Exchange (DSE) surpassed Tk 300 crore as investors actively traded shares and units, reports UNB.
The DSE's benchmark index, DSEX, gained 47 points, while the other two indices—DSES and DS30, which track Shariah-compliant stocks and blue-chip companies, respectively—each increased by 10 points.
Most of the listed companies witnessed a price increase, with 230 companies registering gains. In contrast, 109 companies saw a decline in their stock prices, while 53 remained unchanged.
Similar to Dhaka, the Chittagong Stock Exchange (CSE) also experienced a lively session, although its overall index declined by 102 points in the first two hours of trading.
Out of the 157 companies that participated in trading on the CSE, 87 recorded price gains, 51 saw declines, and 19 remained unchanged. The total turnover in the CSE during this period stood at Tk 8.8 crore.
Market analysts attribute the ongoing bullish trend to increased investor confidence, buoyed by positive economic indicators and policy support from regulators. They anticipate that the market will maintain its upward momentum if the current investor sentiment persists.
Bd-pratidin English/Fariha Nowshin Chinika
