DSE index hits highest level since March 2024

Date:

Post View:

DSE index hits highest level since March 2024

Bangladesh’s stock market climbed to its highest level in more than two years on Tuesday, extending a multi-day rally driven by gains in the majority of listed securities, while trading turnover remained near a two-year high.

The benchmark DSEX index of the Dhaka Stock Exchange (DSE) rose 45 points to close at 5,911, its highest level since March 21, 2024, when it stood at 5,942. The latest close marks the index’s strongest position in nearly two years and four months.

Market data showed that of the 393 securities traded on the DSE, 199 advanced, 137 declined, and 57 remained unchanged, reflecting broad-based buying interest.

The DSES Shariah Index gained 10 points to 1,207, while the DS30 Index, comprising 30 leading companies, advanced 24 points to 2,227.

Trading activity also increased significantly. Total turnover on the DSE reached Tk 16.51 billion, up from Tk 14.19 billion in the previous trading session, an increase of Tk 2.32 billion.

Although Sunday’s turnover of Tk 16.70 billion was slightly higher than Tuesday’s, both sessions recorded the strongest trading activity since August 11, 2024, when turnover stood at Tk 20.10 billion.

Meanwhile, trading on the Chittagong Stock Exchange (CSE) also ended on a positive note. Of the 252 securities traded, 137 gained, 89 lost ground, and 26 remained unchanged, indicating a broadly upbeat market sentiment across both bourses.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Bangladesh Bank launches entrepreneurship training under SICIP

Bangladesh Bank has launched a month-long entrepreneurship development training...

Bangladesh Development Bank holds 16th AGM

The 16th Annual General Meeting (AGM) of Bangladesh Development...

NBR summons field offices over revenue gap

The National Board of Revenue (NBR) has asked its...

Startup potential to be backed despite failure: PM

Prime Minister Tarique Rahman has announced that the government...