Dhaka, July 7 -- The benchmark index, Dhaka Stock Exchange (DSEX), has reached the verge of crossing the 5,000-point mark for the first time in nearly two and a half months, buoyed by a sharp rise in turnover and gains across major sectors.

On Monday, the DSEX surged by 82 points to close at 4,976, the highest since Apr 23, when it last crossed the 5,000 threshold, ending that session at 5,022 points. A decline set in the very next day, triggering a downward spiral that lasted over a prolonged and dry spell.

Since then, market performance had largely remained sluggish, with only sporadic rebounds. On May 8, the index jumped by 99.85 points, and again on Jun 6, it gained 59.65 points, two of the few notable upticks in the intervening per...