Written by The Banking Post
Trading at Bangladesh’s stock markets opened on a positive note on Tuesday, with major indices climbing and the majority of listed shares showing gains, signaling renewed investor confidence.
At the Dhaka Stock Exchange (DSE), the benchmark DSEX index surged 43 points within the first hour of trading, reflecting broad-based buying across sectors. The Shariah-compliant DSES index also gained 8 points, while the blue-chip DS30 increased by 5 points. Analysts noted that strong activity in large-cap stocks helped lift overall market sentiment.
A total of 294 issues recorded price appreciation, while 39 declined and 59 remained unchanged. The turnover on the DSE exceeded Tk 3.0 billion in the opening hour, highlighting active participation from both institutional and retail investors. Key sectors contributing to the early rally included banking, pharmaceuticals, and power, as investors reacted positively to corporate earnings updates and ongoing market trends.
Meanwhile, at the Chittagong Stock Exchange (CSE), the overall index rose 63 points. Among the 127 traded issues, 82 advanced, 31 declined, and 14 remained unchanged. The CSE saw turnover surpassing Tk 30 million in the opening hour. Market participants said the early gains were driven by optimism over economic recovery and improved corporate performance in the industrial and export-oriented sectors.
Market analysts suggested that the bullish opening could continue if earnings announcements from major listed companies meet investor expectations and liquidity remains strong. “Investor sentiment remains positive amid stable macroeconomic indicators and expectations of improved corporate performance this quarter,” said a market strategist.
Despite the early gains, experts cautioned that global market volatility, inflationary pressures, and foreign fund movements could influence the session later in the day. Investors are advised to monitor sector-specific developments and corporate disclosures closely to make informed decisions.
The positive start at both exchanges comes after mixed trading sessions last week, indicating renewed confidence in the market’s short-term growth prospects. If the trend continues, the DSE and CSE may see sustained gains over the coming sessions, with selective sectors leading the rally.
