The Dhaka Stock Exchange (DSE) witnessed a turnover surpassing Tk500 crore after nine days on April 16, indicating a 47% growth from the previous session. Despite this, the DSEX fell by 4 points to close at 5,774, with the DS30 declining by 2 points to 2,012, marking the second consecutive session of decline due to aggressive selling pressure linked to economic uncertainty from the Iran-Israel crisis. Market insiders attribute the downturn to economic repercussions from the Ukraine-Russia conflict, with concerns raised over potential escalation in the Iran-Israel conflict. EBL Securities noted a volatile session, with cautious investors impacting market momentum, though the core index ended flat. Overall market sentiment remains subdued due to a lack of significant catalysts to counter prevailing pessimism.
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