Dhaka stocks surge after elections on renewed investor hopes

Dhaka stocks surged just after opening today amid high optimism among investors following a peaceful general election.

The benchmark DSEX Index rose 131.61 points, or 2.42 percent, to 5,531.55 as of 10:50 am on the Dhaka Stock Exchange (DSE).

The DSE-30 Index, representing blue-chip companies, went up 45.24 points, or 2.68 percent, to 2,114.18.

Shares of 358 companies advanced, 18 declined, while 11 remained unchanged.

Turnover, which reflects liquidity flow, stood at Tk 383 crore.