B Mirror Report: Dhaka Stocks returned to an upward path today as investors brushed aside concerns over Middle East tensions and refocused on market fundamentals. Bargain hunters moved swiftly to capitalize on attractive valuations following the previous session’s steep correction, helping indices recover strongly.

The DSEX, the benchmark index of the Dhaka Stock Exchange, surged 72.3 points, or 1.3 percent, to close at 5,534 up from 5,462 in the prior trading day.

Market observers said the session opened with dominant buying interest, driving most stocks to start in positive territory. The early momentum revived investor confidence, encouraging participants to re-enter positions in anticipation of short-term gains.

Persistent buying pressure pushed the benchmark index up by more than 100 points at mid-session. However, mild profit-booking toward the final hour trimmed part of the gains. Despite the late pullback, buyers maintained control through the close.

Turnover remained firm at Tk 7.7 billion, reflecting consistent investor engagement in the market.

In terms of sectoral contribution, banking stocks accounted for the largest share of turnover at 26.5 percent, followed by pharmaceuticals at 16.8 percent and textiles at 7.9 percent.

Most sectors ended in positive territory. Financial Institutions led the gainers with a 4.5 percent rise, while Services advanced 3.1 percent and Travel climbed 3.0 percent.

Of the 397 issues traded during the session, 338 registered gains, 37 declined, and 22 remained unchanged.

Meanwhile, the Chittagong Stock Exchange also posted gains. Its benchmark indices  CSCX and CASPI  advanced by 76.7 points and 138.8 points respectively, extending the day’s positive sentiment across both bourses.