DSEX plunges by over 100 points as Middle East tensions spook investors
By 10:25am, the DSEX had shed 107 points to stand at 5,492.
The Dhaka bourse's benchmark index plummeted in early trading today (1 March) as investors reacted sharply to escalating geopolitical tensions in the Middle East.
The DSEX, the broad index of the Dhaka Stock Exchange (DSE), crashed by more than 100 points during the session, reflecting a wave of panic selling across the board.
By 10:25am, the DSEX had shed 107 points to stand at 5,492, while the blue-chip index, DS30, also registered a significant decline of 41 points to reach 2,128.
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Market data revealed a heavy dominance of declining issues, with 346 scrips finishing in the red.
Meanwhile, only 21 stocks advanced and 10 remained unchanged, signalling intense, broad-based selling pressure across nearly all sectors.
Market insiders said investors were offloading their holdings amid fears of further military escalation involving Iran, the United States and Israel.
