Bangladesh’s stock market faced a tumultuous week as investors largely remained cautious due to macroeconomic and political concerns. The uncertainty surrounding changes in the American Visa Policy rattled investors, leading to a general market decline. The market has been in a bearish phase for over a year since the introduction of floor prices, which deter investors from buying stocks even at the set minimum prices.
During the four trading days of the week, the DSE broad index, DSEX, fell by 0.40% to close at 6,284.63 points. The DS30 Index, comprising blue-chip companies, dropped 0.27%, while the DSES Index, representing Shariah-compliant firms, fell 0.37%. Investor participation declined significantly, with weekly turnover decreasing to Tk 18.14 billion.
General insurance stocks capture 34% of the total turnover. Most sectors witnessed price declines, with general insurance, paper and printing, travel and leisure, and life insurance being the worst-hit sectors. Among individual stocks, Shyampur Sugar Mills gained 18.60%, while Crystal Insurance experienced the largest decline of 15.85%. The Chittagong Stock Exchange (CSE) also ended lower, with the CASPI and CSCX losing points.
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