Home Dhaka Stock Exchange Dhaka Stock Index (DSEX) Rises for Third Day as Trade Volume Hits Over Tk 340 Crore

Dhaka Stock Index (DSEX) Rises for Third Day as Trade Volume Hits Over Tk 340 Crore

by Bangladesh in Focus

Shares on the Dhaka Stock Exchange rose for a third straight session as the benchmark DSEX climbed and turnover reached Tk 340.68 crore, giving the market a clear lift. Investors found fresh buying interest early in the day and that helped push the main index up 53.27 points to 5,445.92 by midmorning. The Shariah-compliant DSES inched higher and the blue-chip DS30 also recorded gains, showing movement across different segments of the market. Turnover, which measures how much money changed hands, hit a solid level and traders took this as a sign that more buyers were active. Market breadth was clearly positive with 292 issues advancing, 49 declining and 53 holding steady, a spread that underlined the wide reach of the rally. Many firms from different sectors saw share prices rise, and that helped lift investor mood without any single company carrying the market. Prime Finance & Investment emerged as a leading gainer, jumping by 10 percent, while CVO Petrochemical Refinery posted the largest fall of the session with a drop of 3.63 percent, showing that not every stock joined the rally. The pattern suggested selective buying where investors favored some names while trimming positions in others. Traders said the steady flow of orders came from both retail and institutional participants, and that the mix of buyers added depth to the session. Analysts watching the bourse noted that turnover is an important gauge; higher activity can support price moves and help sustain a trend when it is backed by real demand. Still, they advised that markets can change quickly and that steady gains need steady support from new money and positive news. For now, the return of buying has brightened the trading floor and given investors a reason to watch further sessions for confirmation. Smaller and mid-sized stocks also took part in the uptrend, which can help spread gains more evenly across the market and reduce risk tied to a handful of large names. The rise in the benchmark and the healthy turnover together helped restore a degree of confidence after recent quiet spells, and brokers said such runs often encourage cautious fresh entries by investors seeking modest gains. Overall, the market moved in a calm and orderly way with clear winners and a few laggards, and the session made it plain that when buying interest returns it can lift broad parts of the bourse. Market participants will watch corporate announcements, economic data and global cues to gauge whether gains can last and to decide where to put new money in the coming days.

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