Stock exchange

DSEX Rallies on Gains in Textile and Banking Stocks

Written by The Banking Post


The Dhaka Stock Exchange (DSE) ended the week on a bullish note, with the benchmark index DSEX gaining 51 points, or 0.95 per cent, to close at 5,443, driven by strong investor interest in textile and banking stocks.

The DS30, which tracks blue-chip companies, also posted gains, advancing 24 points or 1.18 per cent to finish at 2,114.

Investor sentiment remained upbeat despite a slight dip in participation. The average daily turnover declined by 2.4 per cent week-on-week to Tk 838 crore, but the week concluded with the highest single-day turnover of the year on Thursday, underscoring strong buying interest.

Market capitalisation rose by 0.60 per cent, reaching Tk 7.12 lakh crore.

Sector Highlights

The banking sector emerged as the top performer, surging 2.52 per cent, followed by general insurance with a 1.82 per cent gain. The textile sector, bolstered by optimism over easing US tariff concerns, posted the highest investor return of 4.1 per cent.

Conversely, mutual funds were the worst performers, shedding 5.61 per cent, followed by non-bank financial institutions (-2.46 per cent) and life insurance (-1.62 per cent).

According to BRAC EPL Stock Brokerage, the market remained subdued in the first three sessions amid profit-taking but gained momentum from Wednesday onward, with renewed buying helping reverse early losses.

Key Drivers and Stocks

In its market commentary, EBL Securities attributed the rally to investor optimism during the ongoing quarterly earnings season and portfolio rebalancing, especially in banking and selective blue-chip stocks.

The banking sector alone accounted for 29.7 per cent of the week’s total turnover, followed by pharmaceuticals and textiles.

City Bank topped the turnover chart, contributing 5.29 per cent of total DSE turnover, followed by BRAC Bank and Bangladesh Shipping Corporation.

Weekly Gainers and Losers

  • Top Gainers:
    • Rahima Food surged 21.2 per cent
    • Southeast Bank gained 20.5 per cent
    • Karnaphuli Insurance rose 16.7 per cent
  • Top Losers:
    • Midland Bank plunged 20.6 per cent
    • SEML Lecture Mutual Fund and Singer Bangladesh also saw significant declines

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