DSE reaches 3-month high amid strong investor confidence

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DSE reaches 3-month high amid strong investor confidence

Bangladesh’s capital market continued its strong upward momentum today, with the benchmark index of the Dhaka Stock Exchange (DSE) reaching a three-month high and extending its winning streak to eight consecutive trading sessions.

The DSE Broad Index (DSEX) rose by 35.5 points to close at 5,442, compared to 5,406 in the previous trading session. Market analysts attributed the sustained rally to growing investor confidence and expectations of policy support aimed at strengthening the capital market.

Trading remained positive throughout the day despite occasional profit-taking, as investors maintained strong buying interest across various sectors. The demand was particularly evident for fundamentally sound and undervalued stocks, reflecting optimism about the market’s short-term prospects.

Turnover on the country’s premier stock exchange also witnessed a significant increase, crossing the Tk 1,280 crore mark for the first time in more than three and a half months. Total turnover rose by 18.4 percent to Tk 1,280 crore, up from Tk 1,080 crore recorded in the previous session.

Among the sectors, Engineering led trading activity, accounting for 17.1 percent of total turnover. Textile followed with 13.4 percent, while Pharmaceuticals contributed 12.7 percent.

Most sectors posted gains during the session. The Services sector emerged as the top performer, advancing 3.7 percent, followed by Paper and Printing with a 3.2 percent gain and Financial Institutions with a 2.9 percent increase. Banking was the only sector to close in negative territory, slipping 0.5 percent.

Of the 396 issues traded on the DSE, 242 registered gains, 92 declined, and 62 remained unchanged, highlighting broad participation in the market rally.

The positive trend was mirrored at the Chittagong Stock Exchange (CSE), where key indices also closed higher. The CSCX gained 55.9 points, while the CASPI advanced 104.8 points, reflecting continued investor optimism across the country’s stock markets.

 

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