Turnover rose and Dhaka stocks rallied for a second straight session as buyers stepped back into the market, giving a clear boost to investor confidence. The main index climbed steadily, lifting prices and drawing attention from traders who said the market felt brighter after a recent stretch of weak sentiment. By mid trading the DSEX increased by 41.22 points to reach 5,152.82, and other gauges including the Shariah index and blue chips also moved higher. Turnover reached about Tk 231 crore at the time, a sign that more money was moving through the bourse and more investors were taking positions. Market breadth looked healthy, with 257 issues advancing, 65 declining and 70 remaining unchanged, suggesting buying interest was wide. Traders said the rally was driven by a mix of bargain hunting, short covering and renewed interest from retail and institutional buyers who saw value after earlier drops. Positive moves in some heavy weights lifted sentiment for smaller companies as well, and that helped the market avoid narrow gains that sometimes fade quickly. Many investors said they felt reassured by clearer cash flows and improving liquidity, and they noted that small but steady gains can lead to stronger momentum if more participants join. Analysts said that keeping turnover healthy is important because it makes it easier for traders to buy and sell without large price swings, and it gives fund managers confidence to increase allocations to listed firms. Local fund managers said they were watching corporate updates and foreign flows for confirmation. Some brokers highlighted the role of local buyers who judged that current levels gave a good chance for medium term returns, and they expected more sectors to draw interest if earnings news and economic signals remain stable. Observers also mentioned that calmer trading helps reduce panic selling and gives time for companies to announce plans or results that can attract fresh funds. For many investors the key now is whether the rally can extend beyond a few days, and they will watch if turnover keeps improving and if more names join the uptrend. Policymakers and market operators can help by keeping rules clear and making market access easier for small investors while ensuring orderly trading. Training for new traders and better public information can also lift confidence, and simpler processes for settlement and clearing would speed trades and cut risk. If these supportive steps continue, the recent gains could encourage more long term investment and help the bourse play a bigger role in the country’s savings and growth story. Overall, the second day rally and higher turnover offered a welcome sign that buyers are returning and that the market may be ready for steadier progress if conditions stay friendly.
