Stocks surge as DSE turnover crosses Tk 500cr in first half

Market activity picked up sharply after a four-day weekly break following the 13th national parliamentary election, as investor participation rose significantly from the opening bell.

During the first half, the benchmark DSEX index advanced by 127 points.

The Shariah-based DSES index gained 27 points, while the blue-chip DS30 index climbed 53 points.

From the morning session, trading volume remained notably higher than usual. On most trading days, first-half turnover typically struggles to cross Tk 300 crore, but Sunday’s figure comfortably exceeded Tk 500 crore.

At the DSE, share prices of 350 companies rose, while 25 declined and 14 remained unchanged.

Meanwhile, at the Chittagong Stock Exchange (CSE), the overall CASPI index jumped 252 points in the first half of trading.

At the port city bourse, prices of 98 companies advanced against declines in seven, while shares of five companies remained unchanged, reports UNB. 

The turnover at the CSE stood at over Tk 6 crore during the same period.