Bangladesh
8 hours ago

Trading at DSE surpasses Tk 10 billion for first time in three weeks

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Trading at the Dhaka Stock Exchange (DSE) has surpassed the Tk 10 billion mark for the first time in three weeks, as investor participation surged after the finance minister hinted at major market reforms.

The DSE broad index, DSEX, rose by more than 24 points to close at 5,229.95 on Tuesday.

This marks a rebound from the previous session, where the index sat at 5,205 points following a marginal dip.

Daily turnover stood at Tk 11 billion, a significant jump from Monday’s Tk 7.14 billion.

The last time the premier bourse saw transactions exceed Tk 10 billion was on Apr 28.

The market movement coincided with remarks made by Finance Minister Amir Khosru Mahmud Chowdhury at the inauguration of the “Bangladesh Startup Investment Company (BSIC)” in the capital.

Addressing the event, the minister signalled a shift toward stricter oversight and structural changes.

"We are moving toward capital market reforms. Major changes are coming, we are going into serious regulation in a big way," he said.

The day began with a bullish trend for the first 30 minutes, followed by a slight correction. However, the market regained momentum toward the end of the session.

Out of 393 entities traded, 188 saw price gains, 138 declined, and 67 remained unchanged.

Transactions in the block market accounted for Tk 3.72 billion of the total turnover.

The engineering, pharmaceuticals and chemicals, textiles, insurance, and banking sectors dominated the day’s trade volume.

Rangpur Dairy & Food Products emerged as the day's top gainer, with its share price hitting the 10 percent circuit breaker limit, closing at Tk 24.30. It was followed by Islami Commercial Insurance (up 9.84%) and VFS Thread Dyeing (up 9.24%).

Meghna Pet Industries, Monno Ceramic, and AB Bank First Mutual Fund were among the top losers by the close of trade.

Market activity has seen fluctuations since the Feb 12 general elections.

Turnover had spiked above Tk 12 billion for three consecutive days (Feb 15–17) following the BNP's victory and government formation.

Since then, the market had largely struggled to maintain the Tk 10 billion threshold, mostly hovering between Tk 7 billion and Tk 8.76 billion.

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