DSEX reaches 5,000-mark after two-month hiatus
Reflecting the upward surge, the total market capitalisation of the DSE rose by Tk6,000 crore.
The benchmark index of the Dhaka Stock Exchange rebounded above the psychologically significant 5,000-point mark today (18 January) after nearly two months, as broad-based buying enthusiasm lifted the market sharply.
The rally reflected renewed investor confidence following a prolonged period of correction, with participation rising across most sectors, according to the market insiders.
The DSEX, the prime index of the DSE, jumped 76 points or 1.53% to close at 5,035. The last time the index finished above this level was on 27 November 2025, when it closed at 5,028.
Market operators said the decisive break above the 5,000 mark has lifted short-term market sentiment, with investors widely viewing the level as a key psychological resistance.
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The blue-chip DS30 index also posted a gain, advancing 26 points or 1.38% to settle at 1,939, indicating buying interest in large-cap and fundamentally strong stocks.
Market breadth was overwhelmingly positive, with 290 issues advancing against just 42 decliners, while 57 stocks remained unchanged on the DSE trading floor.
Reflecting the upbeat mood, total market capitalisation of the DSE rose by around Tk6,000 crore to Tk6.90 lakh crore by the end of the session.
Daily turnover, another crucial indicator of market health, increased significantly, rising 25% to Tk474 crore compared to the previous session, suggesting improved liquidity and higher trading activity.
Stocks that played a major role in pulling the indices higher included BRAC Bank, Grameenphone, BAT Bangladesh, Beximco Pharmaceuticals and Islami Bank.
These stocks also featured prominently in turnover, alongside Square Pharmaceuticals, City Bank and Lovello Ice-cream, indicating active participation from both institutional and retail investors.
Stockbrokers said investors are gradually returning to the market in search of undervalued opportunities after weeks of cautious trading.
They noted that selective buying of fundamentally strong large-cap stocks lifted market confidence, with speculative interest returning to certain beaten-down segments.
Notably, liquidation-risky and loss-making non-bank financial institutions dominated the top gainers' list, with Peoples Leasing, Premier Leasing, Prime Finance, BIFC and Fareast Finance recording double-digit price increases.
Analysts cautioned that such sharp rallies in weak fundamentals-driven stocks carry higher risks, even though they often attract short-term traders during bullish phases.
On the losing side, Apollo Ispat, Nurani Dyeing, Renwick Jajneswar, Fareast Life Insurance and MBL First Mutual Fund posted modest declines.
Meanwhile, the Chittagong Stock Exchange also ended the session in positive territory. The CSCX index rose 103 points to 8,728, while the CASPI advanced 165 points to close at 14,087. Turnover on the port city bourse stood at Tk7.45 crore, reflecting moderate trading activity.
