Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
Stocks opened higher on Tuesday as investors continued to accumulate fundamentally strong shares in anticipation of short-term gains, extending the market's recent upward momentum.
Market operators said investor confidence has strengthened following the market-friendly fiscal measures introduced through the Finance Bill 2026 and easing geopolitical tensions in the Middle East. The improving market outlook, coupled with reduced external risks and policy support for the capital market, kept sentiment upbeat.
By 11:00 am, DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), had gained 15 points, or 0.25 per cent, to 5,814, supported by strong buying interest in large-cap and fundamentally sound companies.
The positive momentum follows the passage of the Finance Bill 2026 in Parliament last week. The legislation reduced taxes on dividend income, removed the investment ceiling for claiming tax rebates on investments in mutual funds, and relaxed listing requirements for companies seeking to raise capital through the stock market.
Market participants believe these measures will make equity investments more attractive, encourage greater participation by both retail and institutional investors, strengthen the mutual fund industry, and facilitate corporate fundraising through the capital market.
Turnover on the premier bourse reached Tk 4.03 billion during the first hour of trading, indicating robust investor participation.
Market breadth also remained firmly positive. Of the issues traded by 11:00 am, 243 advanced, 78 declined, and 65 remained unchanged, reflecting broad-based buying interest across sectors.
The Chittagong Stock Exchange (CSE) also traded in positive territory. Its benchmark index, CASPI, advanced 55 points to 15,545, while the CSCX index gained 31 points to 9,520 in early trading.
babulfexpress@gmail.com