DSE Turnover Surges by Taka 126 Crore in a Single Day Amid Market Rally

Following the third trading day of the week, all major indices on the DSE closed higher, driven by a broad-based price hike across the majority of listed shares and mutual fund units. Notably, the total daily turnover increased by over Taka 126 crore compared to the previous trading session, signaling a sharp rise in investor participation and market liquidity. This bullish trend has pushed the DSE's primary index, the DSEX, up by 34 points to settle at 5,157 points by the end of the day.

A detailed analysis of the market reveals that out of the 393 institutions whose shares and units were traded on the DSE this Tuesday, the prices of 275 companies increased. In contrast, 70 companies saw a decline in their share prices, while 48 remained unchanged. This widespread upward movement also positively impacted other key indices, with the DSE-30 index rising by 17 points and the Shariah-compliant DSES index gaining 5 points. The total value of shares traded on the DSE reached Taka 597 crore on Tuesday, a substantial leap from the Taka 471 crore recorded during the previous working day.

Parallel to the DSE's performance, the Chittagong Stock Exchange (CSE) also maintained an upward trajectory in its primary index. The CSE’s main index, the CASPI, rose by 8 points to stand at 14,490 points at the close of trading. However, despite the index growth, the CSE experienced a slight dip in its overall transaction volume compared to the DSE. A total of Taka 26.83 crore worth of securities were traded on the CSE on Tuesday, which was approximately Taka 4.5 crore less than the previous day's turnover. Market analysts suggest that the overall positive trend in both exchanges indicates a return of investor confidence as active participants capitalize on the current market momentum.