The benchmark index DSEX of the Dhaka Stock Exchange (DSE) dropped 0.68% today. It fell by 35 points to close at 5,169. This is the lowest the DSEX has been since it hit 5,165 on February 9.
The blue-chip DS30 also dropped 15 points to settle at 1,911. Among the traded stocks, 79 advanced, 270 declined, and 48 remained unchanged. The turnover value dropped by 23% to Tk414 crore.
Bangladesh Shipping Corporation led the turnover chart with a trading value of Tk28.50 crore. It was followed by Beximco Pharma, Uttara Bank, and Eastern Lubricants. Eastern Cable topped the gainers’ list with a 9.94% jump in its share price.
Wata Chemical, Heidelberg Materials, and Ambee Pharma also saw gains. Prime Bank emerged as the day’s top loser.
DSEX drops amid trade tensions
Stocks gained in the first hour of trading today for the second consecutive session. This was due to improved investor sentiment following a 90-day pause in fresh US tariffs for most countries. However, the US imposed a 125 percent duty on Chinese imports, intensifying trade tensions.
Before rebounding yesterday, the market had been on a losing streak since last Wednesday. The initial tariff announcement triggered retaliatory measures and dampened investor confidence globally, including in Bangladesh. As of 11 am, the DSEX rose 31.04 points or 0.59 percent to 5,227.08.
Of the traded securities, 254 advanced, 59 declined, and 68 remained unchanged. Turnover reached Tk 181.40 crore during the period. Beach Hatchery was the top gainer, soaring 10 percent.
FAS Finance & Investment fell the most, dropping 5 percent. The CSE All Share Price Index edged up 28.30 points or 0.19 percent to 14,558.66.
