Following the resignation of the longest-serving Prime Minister amid protests, the stock market experienced a notable rally. The Dhaka Stock Exchange (DSE) jumped 197 points, or 3.77%, reaching 5,426, while the Chittagong Stock Exchange’s (CSE) broad index, the Caspi, rose by 467 points, or 3%, to 15,393.
The President of the DSE Brokers Association highlighted that investor confidence is increasing due to the anticipated installation of a new regulatory board. This change is seen as a positive development, especially given the previous board’s failure to enforce good governance and its tendency to overlook the fact that many listed companies were prioritizing share trading over their core business activities.