BSS
  12 Jul 2026, 17:21

Stocks extend rally

DHAKA, July 12, 2026 (BSS) - Stocks extended their rally today, with the benchmark index of the Dhaka Stock Exchange (DSE) gaining more than 45 points as strong investor confidence and robust buying interest lifted the market.

The DSEX, the broad index of the DSE, rose 45.2 points to close at 5,849, up from 5,804 in the previous session.

Market analysts attributed the upbeat sentiment to investor optimism over regulatory and political commitments aimed at strengthening the country's capital market, which encouraged broad-based accumulation of fundamentally attractive stocks.

Trading remained positive throughout the session despite some profit-taking, as sustained buying interest reinforced the market's upward momentum.

Turnover on the premier bourse jumped 16.9 percent to Taka 16.7 billion from Taka 14.3 billion in the previous session, crossing the Taka 16 billion mark for the first time in nearly two years.

Among sectors, General Insurance dominated turnover with a 16.9 percent share, followed by Textile (12.2 percent) and Engineering (8.7 percent).

Most sectors ended higher during the session. Mutual Funds recorded the highest gain of 3.7 percent, followed by Life Insurance (3.2 percent) and Jute (2.9 percent). 

In contrast, Information Technology fell 1.8 percent, while the Miscellaneous and Travel sectors declined by 0.5 percent and 0.3 percent, respectively.

Out of the 396 issues traded on the DSE, 196 advanced, 154 declined and 46 remained unchanged.

The Chittagong Stock Exchange (CSE) also closed higher, with the Selective Categories Index (CSCX) rising 66.8 points and the All Share Price Index (CASPI) gaining 77.4 points.