Turnover at the Dhaka Stock Exchange (DSE) surged by 67.84% to Tk 807.15 crore, driven by renewed investor interest in blue-chip stocks amid positive market sentiment. This uptick followed the appointment of Khondoker Rashed Maqsood as the new chairman of the Bangladesh Securities and Exchange Commission (BSEC), which sparked optimism about improved governance.
Despite the higher turnover, the DSE benchmark index fell by 3.15 points, or 0.05%, to 5,775.49, marking its third consecutive decline. The DS30 index of blue-chip stocks dropped by 5.47 points, or 0.26%, while the DSES index for Shariah-compliant companies increased by 5.97 points or 0.48%. Sector performance was mixed, with jute, travel, and banking sectors gaining, while telecom, life insurance, and non-bank financial institutions (NBFIs) saw declines. The banking sector led turnover, making up 23.96% of the total.