Both of Bangladesh’s stock exchanges, the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), declined sharply today as escalating geopolitical tensions in the Middle East triggered broad-based selloffs. Investors remained cautious, closely monitoring market trends.
The DSEX, the DSE’s broad index, fell 138.6 points to close at 5,462 points, down from 5,600 points in the previous session. Analysts observed that the market opened sharply lower, shedding over 200 points initially due to aggressive selling pressure. Despite a partial recovery later, most scrips remained in negative territory throughout the session.
Market turnover also decreased by 18.1 percent, falling to Taka 7.8 billion from Taka 9.5 billion in the prior session.
Among sectors, Bank issues led turnover with 24.2 percent, followed by Pharma at 13.1 percent and Textile at 8.7 percent. All sectors posted losses, with Travel (-4.2%), Paper (-3.7%), and Financial Institutions (-3.2%) contributing most to the market decline. Of the 397 issues traded, 30 advanced, 350 declined, and 17 remained unchanged.
The Chittagong Stock Exchange also ended in the red, with its Selective Categories’ Index (CSCX) down 165.4 points and the All Share Price Index (CASPI) falling 245.9 points.
Investors are expected to remain cautious as global geopolitical developments continue to weigh on market sentiment.
Source: BSS
Bd-pratidin English/ Jisan
