Dhaka stocks surge as Trump announces ceasefire in Israel-Iran conflict
Out of all the traded issues, 309 advanced, 11 declined, and 42 remained unchanged
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The Dhaka Stock Exchange (DSE) witnessed a sharp rally in early trading today (24 June) after US President Donald Trump announced a ceasefire agreement between Iran and Israel.
According to international media, the 12-day conflict between the two nations is expected to come to an end following the announcement.
By 11am, the DSEX index had surged 44 points to 4,740, while the blue-chip DS30 index gained 14 points to 1,777.
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Out of all the traded issues, 330 advanced, 17 declined, and 37 remained unchanged.
On Sunday (22 June), the DSEX had dropped 71 points after a US airstrike targeted an Iranian nuclear site.
However, the index rebounded sharply the following day and extended its gains in early trade today.
