Dhaka, April 8 -- News of the Iran-US ceasefire has boosted the Bangladeshi stock market, which has surged alongside markets around the world.

The DSEX, the main bourse of the Dhaka Stock Exchange (DSE), rose by 161 points in a single day on Wednesday.

As a result, the market capitalisation increased by Tk 95 billion in a day.

At the end of the day, the index stood at 5,317 points, up from 5,156 points the previous day. The index had dropped by more than 107 points on Sunday.

Saiful Islam, president of the DSE Brokers Association of Bangladesh (DBA), says: "Investors in the stock market have stepped up trading due to optimism following the news of the Iran ceasefire."

Previously, the DSE index had risen by 200 points on Feb 15. And o...