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Stocks rose on Tuesday as buyers extended their interest in certain bank shares .
Market insiders and some investors continued to take positions in trendy large-cap stocks, capitalizing on the declining trends in treasury yields and bank interest rates.
The market recovery was aided by price appreciation of selective bank stocks ahead of their earnings disclosures.
The prime index of the Dhaka Stock Exchange (DSE) increased by 4.86 points to settle at 5,210.
The benchmark index of the capital market remained in positive territory as buyers held a slight edge, despite active participation from both buyers and sellers, according to EBL Securities.
The blue-chip index DS30, comprising 30 leading companies, decreased by 6.49 points to 1,882, while the DSES Index, representing Shariah-compliant companies, decreased by 2.28 points to 1,159.56 by the close.
Turnover, a crucial indicator of the market, stood at Tk 4.51 billion, down 10.7 per cent from the previous trading day.
Investor interest was notable in select bank stocks, driven by anticipation ahead of corporate earnings and dividend announcements. Additionally, mutual fund shares led the top gainers' list, fueled by buying activity from short-term profit-seeking investors, according to EBL Securities.
The majority of the stocks saw a price increase, as out of the 398 issues traded, 186 closed higher, 156 ended lower, and 56 remained unchanged on the DSE trading floor.
Intraco Refueling Station was the most-traded stock with shares worth Tk 188.52 million changing hands, followed by Square Pharmaceuticals, Fu Wang Food, Shinepukur Ceramics and Hakkani Pulp & Paper Mills.
The Chittagong Stock Exchange (CSE) also ended up with its All Share Price Index (CASPI) increasing by 12.6 points to settle at 14,569 and the Selective Categories Index (CSCX) increasing by 5.8 points to settle at 8,852.
The port city bourse traded 2.2 million shares and mutual fund units with a turnover volume of Tk 38.4 million.