The country’s two stock markets ended with a big rise on the first day after the election. 

On Sunday, all but 30 companies on the Dhaka Stock Exchange (DSE) and 27 on the Chittagong Stock Exchange (CSE) increased their prices. 

At the end of the day, the DSE Broad Index was at 5,600 points, up 200 points from the previous day. The main index, DSEX, rose about 4 percent in a day. Other indices also rose 2 to 4 percent. 

And after about five months, the daily transaction volume has exceeded one thousand crore taka.

Earlier, in 2024, the DSEX index rose 197 points on August 6, the day after the fall of Sheikh Hasina’s government, and the day after that, it rose 306 points from the day before.

Minhaj Mannan Emon, director of the Dhaka Stock Exchange (DSE), says this rise is expected after the elections. 

“The BNP came to power through an acceptable election. The initiatives they are taking after that, Tarique Rahman’s meeting with other party leaders – all of this makes investors think that the stock market will remain stable for a long time. I think the big rise in the index has worked,” he told Alap.

However, he believes that this rise is not very high considering the different institutions.

In his words, “But it’s not like there has been a huge rise. The share price of 30 taka, which was gradually falling to 2 to 3 taka, has increased slightly and is now maybe 4 taka.”

He believes that this rise will continue for at least a few more days, but then it will go down again.

Former DSE president Shakil Rizvi also believes that the prospect of political stability is one of the reasons behind this rise.

At the same time, he told Alap, stating that this rise was seen earlier in August, “Such a rise was seen in the stock market after the departure of the Awami League government. Then it decreased again due to political uncertainty.”

However, he also expressed hope that the stock market will remain buoyant if the next government can accelerate trade and commerce.

On the DSE, 364 companies’ shares registered price increases across all sectors today; 26 declined in price and four remained unchanged.

Along with the increase in all price indices, the trading volume on the DSE also increased. The DSE recorded a trading volume of 1,275.9 crore taka. 

Which is 484 crore 94 lakh taka more than the previous day. 

Among the other two indices, the DSE Shariah Index DSES rose 30 points, or about 3 percent, to 1,127 points. 

And the DSE-30 index, which consists of 30 well-selected companies, rose 86 points, or more than 4 percent, to 2,145 points compared to the previous day.

On the other hand, the overall index CASPI of the Chittagong Stock Exchange (CSE) rose by 484 points to 15,518 points.

247 companies participated in trading on the CSE. Of these companies, 220 increased their prices, 17 decreased their prices, and 10 remained unchanged. 

Shares and units worth Tk 246.5 crore were traded on the CSE. On Tuesday, Tk 94.0 crore was traded.