Dhaka and Chittagong Stock Exchanges Rise on News of Interim Government
Dhaka:
The Dhaka Stock Exchange (DSE) saw a surge in trading on Sunday following the announcement of an interim government in the country. The main index, DSEX, climbed by 91.09 points to 6,016 points. Other indices, Shariah and DS30, also saw significant gains.
Trading volume increased compared to the previous day, with 2.1 billion shares and units changing hands. Despite this, most DSE-listed companies saw their share prices rise.
Chittagong:
The Chittagong Stock Exchange (CSE) also experienced a bullish session, with the CSCX index soaring by 286.69 points to 10,418 points. Overall index CASPI climbed by 482.69 points to 17,282 points. Similar to DSE, the Sharia and CSE30 indices also saw notable increases.
Trading volume on CSE was slightly lower than DSE, with 296 companies trading a total of 300.89 million shares and units.
Overall:
The positive market sentiment, fueled by the interim government announcement, led to a surge in trading activity in both Dhaka and Chittagong. This signals renewed investor confidence in the country’s capital markets.