The Dhaka Stock Exchange (DSE) opened higher on Tuesday, with the key index crossing the 5,400-mark in early trading as investors continued to take positions in selective stocks.
Market momentum was supported by optimism surrounding the upcoming national budget, scheduled for June 11, along with the central bank’s allocation of Tk 600 billion in revival funds aimed at boosting economic activity. These factors encouraged investors to engage in active buying at the start of trading.
After the first hour of trading at 11:00 am, the DSEX index rose by more than 29 points, or 0.54%, reaching 5,401, following a positive closing in the previous session after the Eid holidays.
Other indices also showed gains, with the DS30 index, comprising blue-chip stocks, increasing by 8 points to 2,053. The DSES index, which tracks Shariah-compliant companies, rose by 2 points to 1,088.
Turnover also increased significantly, reaching Tk 3.42 billion during the early session. Of the traded issues, 251 advanced, 68 declined, and 65 remained unchanged. RD Food emerged as the most traded stock, with shares worth Tk 118 million exchanged.
The Chittagong Stock Exchange (CSE) also recorded a positive trend, as the All Share Price Index (CASPI) gained 35 points to reach 15,006, while the Selective Categories Index (CSCX) rose by 21 points to 9,236.