**Market Recovery Following Regional Tensions**
Bangladesh’s equity markets showed resilience yesterday, bouncing back from a steep downturn triggered earlier by heightened geopolitical concerns between India and Pakistan. The previous session’s sell-offs eased as investor sentiment improved.
Dhaka Stock Exchange’s primary index, DSEX, climbed 99.86 points (2.08%) to settle at 4,902. Its Shariah-based counterpart, DSES, rose 26.28 points (2.51%) to 1,074, while the blue-chip DS30 index added 27.03 points (1.51%) to reach 1,820.
However, trading activity remained subdued, with total turnover plummeting 29.12% to Tk 366 crore. The banking sector dominated transactions, contributing nearly 24% of the day’s volume. Beach Hatchery Limited led individual scrips with Tk 23 crore traded.
Advancers outnumbered decliners sharply, with 377 stocks gaining, 10 falling, and others holding steady. Khulna Printing & Packaging Ltd surged 10%, while Meghna Condensed Milk Industries Ltd dropped 5%.
Analysts at Shanta Securities highlighted sector-specific rebounds in travel, paper, and banking as key drivers. BRAC EPL Stock Brokerage noted broad-based gains, with engineering firms leading at 3.05%, followed by non-bank financial institutions (2.99%) and energy sectors (2.50%). Pharmaceuticals, food, and telecom sectors also closed higher.
At the Chittagong Stock Exchange, the CASPI index rose 113.69 points (0.84%) to 13,703.
Source: Original Source