After the national parliament election, the index Dhaka Stock Exchange (DSE) rose 25 points to reach 6.269 and the blue-chip index DS30 surged 7.96 points to 2,102 today.
The turnover of the DSE also jumped over 28 percent to Tk441 crore. During the session, prices of 119 listed companies increased, while 44 declined and 169 remained unchanged.
Besides, the port city bourse Chittagong Stock Exchange (CSE) all-share price index CASPI jumped 59 points to reach 18,568 today (Monday).
Market insiders said that there was some uncertainty among investors around the election. But as the election was completed without any major conflict, investors were somewhat relieved.
However, there are still concerns about how sustainable this rise in the market will be, they said.
The rise of the index is a big effect of the increase in the price of some shares of the banking sector.
In the stock market, there was no movement in the share prices of the banking sector for a long time. But today saw the highest price increase in the shares of some banks.
Apart from this, the share prices of some companies with good fundamentals also increased.