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changes in the market capitalisation of travel and leisure, banks, and paper and printing scrips amid negative changes in the market capitalisation of debenture, information technology (IT), and service and real estate scrips.

Khan Brothers PP Woven Bag Industries Ltd, Summit Alliance Port Ltd and City Bank PLC were the most active shares at the DSE, followed by CME Pesticides Ltd and BRAC Bank PLC. All five except Summit Alliance gained.

The CSE All Share Price Index at the Chittagong Stock Exchange soared 328 points, or 2.26 percent, to close at 14,818.

Sheikh Mohammad Rashedul Hasan, managing director and CEO of UCB Asset Management, said it is not uncommon for investors to position their capital based on both local and global headlines -- often overreacting in both directions.

“In my view, today’s (yesterday) surge in the index and trading volume is nothing but a reflection of renewed investor confidence amid expectations of de-escalation in the conflict,” he said.