Trading on Bangladesh’s capital market began with a sharp rise in indices on Tuesday, the third working day of the week, with gains recorded in both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE).
According to market sources, the benchmark DSEX index of the DSE climbed significantly soon after trading began.
Half an hour into trading, at 10:30am, the DSEX index rose by 78 points from the previous day to reach 5,219 points. During the same period, the DSE Shariah Index gained 27 points to stand at 1,048, while the blue-chip DSE-30 Index also increased by 27 points to 2,003.
Shares and mutual fund units worth Tk120.63 crore were traded on the DSE during the first 30 minutes of the session.
Among the traded companies during this period, share prices of 316 firms increased, while 15 declined and 50 remained unchanged.
The most actively traded companies until 10:30am included City Bank, Islami Bank, Pragati Life Insurance, Khan Brothers, Robi, Bank Asia, Orion Infusion, IFIC Bank and Shinepukur Ceramics.
The market showed strong momentum from the start of trading. Within the first five minutes, the DSEX index rose by 60 points.
By 10:10am, the index had gained another 30 points, and the upward trend continued. Twenty minutes into trading, at 10:20am, the index surged by 112 points from the previous day to reach 5,253 points.
Meanwhile, the Chittagong Stock Exchange also saw gains in early trading.
At 10:30am, the CSE’s benchmark CASPI index rose by 62 points to stand at 14,550. The market continued to show an upward trend afterward.
Shares and mutual fund units worth about Tk5.2 million were traded on the CSE during the first half hour of trading. During this time, the share prices of 21 companies increased, while three declined and four remained unchanged.
Bd-pratidin English/ Jisan
