The Bangladesh stock market concluded the past week on a distinctly positive note, marked by a significant increase in turnover and robust investor activity. This upward momentum reflects a growing confidence among market participants, contributing to a more stable and encouraging investment climate. The consistent positive performance across key indices signals a healthy recovery and renewed interest in the capital market.Even with a bank holiday leading to just four trading days, the Dhaka Stock Exchange (DSE) experienced significant growth. The main DSEX index increased by 61 points, which is a rise of 1.27 percent, finishing at 4,894. Similarly, the DS30, which tracks blue-chip stocks, advanced by 16 points to reach 1,836, and the DSES Index, representing Shariah-compliant companies, gained 6 points to finish at 1,065. These widespread improvements across various segments highlight a broad-based recovery. Investor engagement also saw a significant boost, with total turnover surging to Tk 1,944 crore, an increase from the previous week’s Tk 1,813 crore. The average daily turnover jumped by 34 percent to Tk 486 crore, indicating heightened liquidity and increased buying interest. The banking sector notably led the turnover, contributing over 16 percent of total weekly trades, followed by the food and allied, pharmaceuticals, and textiles sectors, all showing increased activity. The market showed favorable breadth, as 257 stocks increased in value, 103 fell, and 36 stayed the same, indicating a strong trend of growth. BRAC Bank led in trading volume, while Islami Bank Bangladesh had the greatest share price gain, surging by 31 percent. On the other hand, Berger Paints Bangladesh faced the largest drop. This vibrant activity underscores the selective yet strong buying observed across the market. This positive conclusion to the week underscores a positive shift in Bangladesh’s stock market, driven by factors such as improved liquidity and renewed investor confidence. The sustained rally suggests that market participants are increasingly optimistic about the economic outlook and the potential for long-term growth. As the market continues to consolidate these gains, it presents a hopeful prospect for both individual and institutional investors, solidifying its role in supporting the nation’s economic progress and fostering a more dynamic investment landscape.
