On Monday several leading politicians and businessmen including Awami League General Secretary and Mercantile Bank Chairman Abdul Jalil, former Federation of Bangladesh Chambers of Commerce and Industry president Abdul Awal Mintoo and Partex Group Chairman MA Hashem were detained.

"The new phase of the crackdown on corrupt politicians and businessmen could not shake the investors' confidence," said a DSE broker.

The DSE General Index increased by 11.38 points, or 0.58 percent, to finish at 1948.85 points while the DSE All Share Price Index rose by 3.73 points, or 0.23 percent, to close at 1621.06 points.

The CSE All Share Price Index rose by 10.13 points or 0.21 percent to close at 4735.16 points while the CSE-30 Index increased by 62.51 points or 1.48 percent to close at 4270.93 points.

Mercantile Bank shares fell 1.18 per cent on the DSE to close at Tk 355. However, the price of the bank's share remained unchanged on the CSE closing at Tk 352.

Of the 204 issues traded on Dhaka Stock Exchange (DSE), only 38 gained while 151 declined with 15 unchanged. On the Chittagong Stock Exchange (CSE) a total of 94 issues were traded. Of them, 20 advanced, 68 declined and six unchanged.

A total of 9,583,210 shares worth Tk 172.95 crore changed hands on the premier bourse while some 2,786,488 shares worth Tk 23.93 crore change hands on the port city bourse.

Prime Bank topped the turnover leaders on both the bourses. On the DSE, the bank topped the list with 276,000 shares worth Tk 22.59 crore while on the CSE it topped the turnover leaders with 135,350 shares worth Tk 4.32 crore.

The other turnover leaders on the DSE were Power Grid Company of Bangladesh (PGCB), Brac Bank, Premier Bank, Southeast Bank, Square Pharma, Square Textile, Summit Power, AB Bank and United Commercial Bank.

On the CSE the other turnover leaders were PGCB, Southeast Bank, Premier Bank, Rupali Bank, Bextex, Square Textile, Shahjalal Islami Bank, Square Pharma and EXIM Bank.