The Dhaka stock market has seen a 2% drop in market capitalization, falling to Tk6,99,581.54 crore as of August 29 from Tk7,13,352.75 crore on August 11, a decrease of the market capital of 13,771cr. This decline follows a surge in market value from August 5 to 8 after Sheikh Hasina’s resignation.
Experts attribute the decrease to a market correction, a typical phase in financial markets. Despite the political change with the interim government led by Muhammad Yunus, there are no clear signs of sustained improvement. Economic issues like high inflation, a strained exchange rate, and lower foreign exchange reserves, along with the aftermath of student protests, have also impacted market confidence and business production.