Trading at both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) remained upbeat on Tuesday, with key indices posting strong gains as most listed securities advanced. The market opened strongly, reversing Monday’s lower trading value and reflecting renewed investor interest.
In the first half of Tuesday’s session, the benchmark DSE Broad Index (DSEX) jumped 64 points, signaling strong buying momentum. The Shariah-based DSES advanced 12 points, while the blue-chip DS30 index climbed 24 points. The market’s early surge continued throughout the morning, with the DSEX rising to 5,087.98 at 10:00 am, 5,128.98 at 11:00 am and 5,144.14 at noon. The index reached its highest level before 12:30 pm at 5,150.70.
Most stocks traded higher at the DSE, with share prices of 282 companies rising, against 57 decliners, while 48 issues remained unchanged. The turnover at the exchange crossed Tk 400 crore during the first half of trading.
The upbeat trend was also visible at the CSE, where the overall index, CASPI, rose by 88 points in the same period. At the port city bourse, prices of 68 companies moved up, while 28 declined and 15 remained unchanged. The trading volume at the CSE exceeded Tk 8 crore in the first half of the session.
Monday had shown a contrasting pattern, with both exchanges ending higher but trading value dropping. The DSEX closed at 5,080, up more than 8 points from the previous session, while the Shariah Index and DS30 also posted slight gains. However, total trading value declined to about Tk 493 crore from Tk 526 crore. At the CSE, transaction value fell below Tk 50 million, with nearly half of the traded companies showing price declines.
Market analysis says Tuesday’s gains offer a short-term positive signal, but the previous day’s low trading volume and mixed price movement reflect lingering investor caution. They stress that rebuilding confidence is essential for the market to sustain momentum over the longer term.
Bd-pratidin English/ Jisan