Written by The Banking Post
Dhaka stocks staged a strong rebound on Wednesday, with the benchmark index surging 161 points in a single session as optimism over the Iran-US ceasefire lifted investor sentiment.
The DSEX closed at 5,317, up from 5,156 the previous day, recovering from a sharp fall earlier in the week. The rally added Tk 95 billion to market capitalisation, taking it to around Tk 6.92 trillion.
Trading activity also picked up significantly, with turnover rising to Tk 9.91 billion, compared to Tk 5.97 billion in the previous session.
Market breadth was overwhelmingly positive. Of the 393 issues traded, 367 advanced, 15 declined, and 11 remained unchanged.
Investors returned to the market following easing geopolitical tensions, which had earlier rattled global equities after escalating conflict in the Middle East. The ceasefire has raised expectations of improved fuel supply and reduced uncertainty.
“Investors have stepped up trading due to optimism following the ceasefire,” said Saiful Islam. “Now that fuel supplies will improve, companies can operate more smoothly, which is boosting confidence.”
The rally was broad-based, with the pharmaceutical and chemical sectors leading turnover, followed by engineering and banking stocks.
Among individual performers, Bangaz Limited, BD Lamps, and Khan Brothers PP Oven Bag Industries posted the highest gains, while Dhaka Dyeing, Techno Drugs, and Apex Spinning saw the steepest declines.
Market participants also pointed to recent policy-level engagements between regulators and the central bank as a supporting factor behind the surge.
The sharp upswing highlights how quickly sentiment can shift, with global developments continuing to play a decisive role in shaping the direction of Bangladesh’s capital market.
