The Dhaka Stock Exchange (DSE) extended its upward trajectory for the fourth consecutive week, driven by optimism surrounding the post-election market outlook.
The shortened week, which ended on Tuesday ahead of the two-day election holiday, saw buoyant trading as investors accumulated stocks they perceived to be lucrative.
While the market opened modestly in the first session, driven by profit-taking from the previous week’s gains, buying interest picked up momentum in the final two sessions.
Investors were seen taking early positions in momentum-driven scrips, bolstered by a cautiously optimistic view on medium-term macroeconomic stabilization and post-election stability.
The DSEX, the benchmark index of the country’s premier bourse, gained 165.6 points, or 3.2 per cent, to close at 5,400 points.
Market participation remained strong, with average turnover reaching Tk6,383 million.
Sector-wise, investors were predominantly active in the bank sector (18.6 per cent), followed by pharmaceuticals (14.8 per cent) and textiles (9.7 per cent).
All sectors posted positive returns, with the financial institution sector leading the gainers at 6.2 per cent, followed by textiles at 5.4 per cent and travel at 3.6 per cent.
