Dhaka Stock Exchange sees Tk 226cr turnover in first 20 minutes

The Dhaka Stock Exchange (DSE) opened strongly on the first trading day following the 13th parliamentary elections, with turnover exceeding Tk 225 crore within the first 20 minutes of trading on Sunday (February 15), signaling robust investor sentiment.

By 10:20am, the benchmark DSEX index had jumped 111 points to 5,511, reflecting broad-based gains across the market. Of the 380 securities and units traded during this period, 352 saw price increases, 15 declined, and 13 remained unchanged.

Analysts observed that such early-day trading turnover is nearly equivalent to a full pre-election trading session, which typically lasted four and a half hours, underscoring heightened market activity.

Other major indices also posted gains. The DSES index rose 16 points to 1,113, while the DS30 index, tracking 30 selected large-cap stocks, climbed 39 points to 2,098. Most price gains were driven by increased demand for large-cap and mid-cap stocks, as investors returned to the market after the four-day election-related closure.

Market experts attribute the surge in early trading to renewed investor confidence following the election outcome, coupled with expectations of political stability and potential economic policy continuity.

Trading volumes are expected to remain elevated throughout the day as more participants re-enter the market.

Trading at the stock market resumed today following a four-day closure for the elections.